Palgo Holding Pty. Ltd. v. Gowans [2003] NSWCA 204

New South Wales Court of Appeal

CITATION : Palgo Holding Pty. Ltd. v. Gowans [2003] NSWCA 204 revised - 24/09/2003 HEARING DATE(S) : 11 June 2003 JUDGMENT DATE : 25 July 2003

JUDGMENT OF : Handley JA at 1; Beazley JA at 9; Hodgson JA at 10 DECISION : 1. Leave to appeal granted, and order that a Notice of Appeal be filed within 14 days. 2. Appeal dismissed. 3. Appellant to pay respondent's costs of the application and the appeal.

CATCHWORDS : BAILMENTS -Pledges - Whether pledge inconsistent with mortgage - MORTGAGES - Chattel securities - Whether mortgage inconsistent with pledge - CRIMINAL LAW - Further appeal from conviction of lending money on the security of pawned goods without a licence - Whether documentation of transactions as mortgages inconsistent with goods being "pawned goods". LEGISLATION CITED : Pawnbrokers and Second-hand Dealers Act 1996 s.6 Cosslett (Contractors) Ltd., In Re [1998] Ch 495 Dalco v. FCT (1988) 82 ALR 669 CASES CITED : Esanda Ltd. v. Burgess [1984] 2 NSWLR 128 Hubbard, Ex Parte. In Re Hardwick (1886) 17 QBD 690 Official Receiver, Ex Parte. In Re Morritt (1886) 18 QBD 222 Paintin & Nottingham Ltd. v. Miller Gale & Winter [1971] NZLR 164 PARTIES : Palgo Holding Pty. Limited t/as Cash Counters Byron - appellant Kelvin Gowans as a public officer on behalf of the Director General of Department of Fair Trading - respondent FILE NUMBER(S) : CA 40962/02 COUNSEL : Mr. L.J. Aitken for appellant Mr R. Greenaway for respondent SOLICITORS : Hewlett & Company, Brisbane for appellant D.I. Catt for respondent