Flagstaff v Cross Street [1999] NSWSC 999

Reported Decision : [1999] 9 BPR 17,067 [1999] NSW ConvR 55-920

New South Wales Supreme Court CITATION : Flagstaff v Cross Street [1999] NSWSC 999 CURRENT JURISDICTION : Equity FILE NUMBER(S) : 3041 of 1999 HEARING DATE(S) : 15 September 1999 JUDGMENT DATE : 30 September 1999

PARTIES : Flagstaff Investments Pty Ltd (Plaintiff) Cross Street Investments Pty Ltd (Defendant) JUDGMENT OF : Windeyer J at 1

COUNSEL : Mr N C Hutley SC with him Mr M A Jones (Plaintiff) Mr S Epstein (Defendant) SOLICITORS : Corrs Chambers Westgarth (Plaintiff) Baron & Associates (Defendant) CATCHWORDS : LANDLORD AND TENANT - Leases - option to renew - breach of covenant after notice of intention to renew - compliance with covenants to expiry condition precedent to right to new lease - effect of s133E of Conveyancing Act - purported exercise of option - when occurring - competing single judge decisions - Agreements for lease - when leases under s129 of Conveyancing Act - s128 of Act - requirement for term to have commenced; LAW REFORM - Conveyancing Act ss133E-133G - need for amendment Conveyancing (Amendment) Bill, 1972 ACTS CITED : Conveyancing Act 1919 ss128, 129, 133E, 133E(2), 133G New South Wales Law Reform Commission Options in Leases (LRC5 1968) Stuckey, The Conveyancing Act 2nd ed Law Book Company, Sydney (1969) para 590 B.S. Stillwell & Co Pty Ltd v Budget Rent-a-Car System Pty Ltd [1970] VR 589 Bass Holdings Limited v Morton Music Limited [1988] Ch 493 Beca Developments Pty Ltd v Idameneo (No. 92) Pty Ltd (1989) NSW ConvR. 55-459 Brennan v Kinjella [1993] NSW ConvR 55-677 Caltex Properties Pty Ltd v Pittard (1991) ANZ ConvR 612 Finch v Underwood [1876] 2 ChD 310 Gilbert J McCaul (Aust) Pty Ltd v Pitt Club Limited (1959) 59 SR (NSW) 122 CASES CITED : Greville v Parker [1910] AC 335 Hayes v Gunbola Pty Ltd [1988] NSW ConvR 55-375 Lolly Pops (Harbourside) Pty Ltd v Werncog Pty Ltd [1998] NSW ConvR 55-861 MacDonald v Robins (1954) 90 CLR 515 Nessmine Pty Ltd v Devuzo Pty Ltd [1989] NSW ConvR. 55-496 Rethmeier v Pioneer House Pty Ltd [1970] NSW ConvR. 55-516 Spectra Pty Ltd v Pindari Pty Ltd [1974] 2 NSWLR 617 Sperry Rand Australia Ltd v Arrandale Properties Pty Ltd [1979] VR 409 Waltons Stores (Interstate) Ltd v Maher (1988) 164 CLR 387 DECISION : No entitlement to new lease. Summons dismissed.