Commissioner of Taxation v Oswal (No 6) [2016] FCA 762

FEDERAL COURT OF AUSTRALIA

Commissioner of Taxation v Oswal (No 6) [2016] FCA 762 File number: WAD 264 of 2012

Judge: GILMOUR J

Date of judgment: 29 June 2016

Catchwords: REAL PROPERTY – whether registered mortgages executed by the first respondent are voidable pursuant to s 89(1) of the Property Law Act 1969 (WA) (PLA) as being an alienation of property with intent to defraud creditors – whether voidable despite indefeasibility provisions of s 68(1) of the Transfer of Land Act 1893 (WA) (TLA) – whether s 89(1) of the PLA is inconsistent with s 68(1) of the TLA - s 6(1) of the PLA and s 3(1) of the TLA - onus of proof under s 89(3) of the PLA – nature of relief under s 89(1), whether it operates in personam – factors relevant to inferring the existence of an intention to defraud creditors

Legislation: Bankruptcy Act 1966 (Cth) ss 120, 121 Bankruptcy Legislation Amendment Act 1996 (Cth) Civil Law (Property) Act 2006 (ACT) s 239 Conveyancing Act 1919 (NSW) s 37A Conveyancing and Law of Property Act 1884 (Tas) s 40 Fraudulent Conveyances Act 1571 Income Tax Assessment Act 1997 (Cth) s 5-5 Insolvency Act 1986 (UK) ss 423 – 425 Land Transfer Act 1952 (NZ) s 62 Law of Property Act 2000 (NT) s 208 Law of Property Act 1925 (UK) s 172 Law of Property Act 1936 (SA) s 86 Property Law Act 1952 (NZ) s 60 Property Law Act 1958 (VIC) s 172 Property Law Act 1969 (WA) ss 6(1), 89 Property Law Act 1974 (Qld) s 228 Property Law Act 2007 (NZ) ss 344 – 350 Real Property Act 1900 (NSW) s 42 Taxation Administration Act 1953 (Cth) ss 14S, 14T, 14V, 255-5 of Schedule 1, 250-10 of Schedule 1 Transfer of Land Act 1893 (WA) ss 3(1), 68(1)