ANZ Banking Group Ltd v DG of the Department of Fair Trading & Anor [1999] NSWCA 278

Reported Decision : 47 NSWLR 223

New South Wales Court of Appeal CITATION : ANZ Banking Group Ltd v DG of the Department of Fair Trading & Anor [1999] NSWCA 278 revised - 04/08/99 FILE NUMBER(S) : CA 40422/97 HEARING DATE(S) : 1 July 1999 JUDGMENT DATE : 29 July 1999

PARTIES : Australia and New Zealand Banking Group Ltd v Director General of the Department of Fair Trading & Anor JUDGMENT OF : Beazley JA at 70; Stein JA at 71; Cole AJA at 1

LOWER COURT JURISDICTION : Supreme Court LOWER COURT FILE NUMBER(S) : ALD 30045/95 LOWER COURT JUDICIAL OFFICER : Hamilton J

Mr A C Archibald & COUNSEL : Mr D G Robertson Appellant Mr McDougall & Mr G R Waugh Respondent Mallesons Appellant SOLICITORS : State Crown 1st Respondent Registrar Commercial Tribunal 2nd Respondent CATCHWORDS : Credit Act 1984 - contravention of s36, 8586, 86A - minor error - jurisdiction of Tribunal; Custom Credit Corporation v Gray 1992 1 VR 840 not followed; Contrade Finance Ltd v Senes 1963) 63 SR(BNSW) 141 applied; Decisions in Avco Financial Services Ltd v Abschinski (1994) 2 VR 659; General Motors Acceptance Corp Australia v Morris & Ors (1995 ASC 56-316); Westpac Banking Corporation v Donald-Murrell (1992) 2 VR 417; Canham & Ors v Australian Guarantee Corporation Ltd (1993) 3`1 NSWLR 246; Australian Guarantee Corporation v Roberts & Anor (1989 asc 55-950) overruled. Credit Act 1984 ACTS CITED : Credit (Administration) Act 1984 Hire Purchase Agreements Act 1941-1957 Canham & Ors v Australian Guarantee Corporation Ltd & Ors (1990) ASC 55-984; Canham & Ors v Australian Guarantee Corporation Ltd & Anor (1993) 31 NSWLR Custom Credit Corporation v Gray (1992) 1 VLR 540 CASES CITED: Australian Securities Commission v Marlborough Gold Mines Ltd (1993) 177 CLR Contrade Finance Ltd v Senes (1992) ASC Avco Financial Services Ltd v Abschinski General Motors Acceptance Corp Australia Ltd v (1995) ASC Westpac Banking Corporation v Donald-Murrell (1992) 2 VRMorris & Ors DECISION : Orders of Hamilton J in application 30045/95 dated 1 July 1997 set aside; Orders of Commercial Tribunal of NSW in application 1047/94 dated 26 September 1995 set aside; Appellant to pay the respondents' costs of proceedings before the Tribunal and before Hamilton J and of the appeal; The matter to be remitted to the Commercial Tribunal of New South Wales for further consideration in accordance with these reasons