Perpetual Corporate Trust Ltd v Owners Corporation SP6534; El Khouri v Owners Corporation SP6534 [2024] NSWSC 173

Supreme Court New South Wales

Medium Neutral Citation: Perpetual Corporate Trust Ltd v Owners Corporation SP6534; El Khouri v Owners Corporation SP6534 [2024] NSWSC 173 Hearing dates: 7-16 February 2024 Date of orders: 28 February 2024 Decision date: 28 February 2024 Jurisdiction: Equity Before: Elkaim AJ Decision: See paras 249-251 Catchwords: LAND LAW – Strata title – By-laws – Whether By-law granting exclusive use rights conditional on four critical obligations had been complied with – Whether clause of By-law ceasing exclusive use rights unless critical obligations were complied with is unjust – Whether clause of By-law ceasing exclusive use rights unless critical obligations were complied with is unconscionable, harsh or oppressive – Whether special levies are unreasonable – Award as to damages- reasonableness of costs – quantum as to monies owing for strata levies or pursuant to By-law 30 EQUITY – Equitable remedies – Declaration – Remittance to tribunal for orders arising out of the declaration Legislation Cited: A New Tax System (Goods and Services Tax) Act 1999 (Cth) Strata Schemes Development Act 2015 (NSW), s 4 Strata Schemes Management Act 1996 (NSW) Strata Schemes Management Act 2015 (NSW), ss 22, 86(2A), 87, 139, 143, 145, 149, 150 Cases Cited: Ananda Marga Pracaraka Samgha Pty Ltd v Tomar (No 4) [2012] FCA 385 BNP Paribas v Pacific Carriers Ltd [2005] NSWCA 72 CIMIC Group Limited v AIG Group Limited [2022] NSWSC 999 Cleggatt v OC SP 35541 [2013] NSWTTT 359 Cooper v The Owners – Strata Plan No 58068 [2020] NSWCA 250 Investmentsource v Knox Street Apartments [2007] NSWSC 1128 Payce Communities Pty Ltd v Canterbury-Bankstown Council [2021] NSWSC 331 Perpetual Corporate Trust Ltd v Owners Corporation SP6534; El Khouri v Owners Corporation SP6534 Supreme Court (NSW) Elkaim AJ, 14 February 2024. Unity Insurance Brokers Pty Ltd v Rocco Pezzano Pty Ltd (1998) 192 CLR 603; [1998] HCA 38 Texts Cited: CGT and goods and services tax implications in relation to granting of rights to common property accessed 20 February 2024 1051530796621 | Legal database (ato.gov.au) Law Insider Dictionary, online ed, accessed 20 February 2024 The Australian Concise Oxford Dictionary, online ed, accessed 20 February 2024 The Cambridge Dictionary, online ed, accessed 20 February 2024 The Collins English Dictionary, online ed, accessed 20 February 2024 The Macquarie Dictionary, online ed, accessed 20 February 2024 The Merriam-Webster Dictionary, online ed, accessed 20 February 2024 The Oxford Dictionary, online ed, accessed 20 February 2024 Category: Principal judgment Parties: 2018/93444 Said El Khouri (aka Sid El Khouri) (First Plaintiff) Philippe Elkhouri (Second Plaintiff) Owners Corporation SP6534 (Defendant) Karam Elkhouri (Interested Party) 2022/98817 Perpetual Corporate Trust Ltd (Plaintiff) Owners Corporation SP6534 (Defendant) Representation: Counsel: 2018/93444 Mr H Altan (Plaintiffs) Mr D Byrne / Mr A Sivanathan (Defendant) 2022/98817 Mr D Barnett / Ms H Robinson (Plaintiff) Mr D Byrne / Mr A Sivanathan (Defendant)