NSW Caselaw
New South Wales Supreme Court
CITATION : LGSS v Egan [2002] NSWSC 1171 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 3648/01 HEARING DATE(S) : 14 June 2002 JUDGMENT DATE : 4 December 2002
PARTIES : LGSS Pty Ltd as trustee of the Local Government Superannuation Scheme (P) Michael Egan, Treasurer of the State of New South Wales as Minister responsible for the administration of the Superannuation Administration Act of New South Wales (D) JUDGMENT OF : Austin J
COUNSEL : Mr R J Ellicott QC with Mr N Gye (P) Mr M G Sexton SC SG with M J Leeming (D) SOLICITORS : Deacons (P) I V Knight Crown Solicitor (D) CATCHWORDS : TRUSTS AND TRUSTEES - superannuation scheme - whether Minister's powers to consent and agree to trustee's application of surplus amounted to a direction inconsistent with s 58, or a discretion inconsistent with s 59, of the Superannuation Industry (Supervision) Act - whether Minister owed fiduciary duties to scheme beneficiaries - whether Minister's decision in fraud of power LEGISLATION CITED : Superannuation Administration Act 1996 (NSW) ss 7, 48, 127 Superannuation Industry (Supervision) Act 1993 (Cth) ss 3, 7, 10, 19, 52, 58, 59 Attorney-General v Breckler (1999) 197 CLR 83 Breen v Williams (1996) 186 CLR 71 Cadogan v Earl of Essex (1854) 2 Drew 227 Cowan v Scargill [1985] 1 Ch 270 Dudderidge v Rawlings (1913) 108 LT 802 Dundee General Hospitals Board of Management v Walker [1952] 1 All ER 896 Imperial Group Pension Fund Ltd v Imperial Tobacco Ltd [1991] 1 WLR 589 Karger v Paul [1984] VR 161 Lock v Westpac Banking Corporation (1991) 25 NSWLR 593 Lutheran Church of Australia v Farmers' Co-operative Executors & Trustees Ltd (1970) 121 CLR 628 CASES CITED : McPhee v Minister for Immigration and Ethnic Affairs (1988) 16 ALD 77 Mettoy Pension Trustees Ltd v Evans [1990] 1 WLR 1587 Minister for Aboriginal Affairs v Peko Wallsend Ltd (1986) 162 CLR 254 Newton v Ellis (1855) 24 LJQB 337 Pilmer v The Duke Group Ltd (in liq) (2001) 207 CLR 165 Re Beloved Wilkes' Charity (1851) 3 Mac & G 440 [42 ER 330] Re Brockbank [1948] Ch 206 Re Courage Group's Pension Schemes [1987] 1 WLR 495 Seafarers' Retirement Fund Pty Ltd v Oppenhuis (1999) 94 FCR 594 Swan Hill Corporation v Bradbury (1937) 56 CLR 746 Wilkinson v Clerical Administrative and Related Employees Superannuation Pty Ltd (1998) 79 FCR 469 DECISION : Summons dismissed
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate