ASIC v Vines [2003] NSWSC 701

Reported Decision : (2003) 46 ACSR 719

New South Wales Supreme Court

CITATION : ASIC v Vines [2003] NSWSC 701 HEARING DATE(S) : 25 July 2003 JUDGMENT DATE : 1 August 2003 JURISDICTION: Equity JUDGMENT OF : Austin J DECISION : Application dismissed

CATCHWORDS : CORPORATIONS - civil penalty proceedings - whether Court may direct defendants to make objections to plaintiff's evidence before trial PRACTICE AND PROCEDURE - privilege against exposure to a penalty - whether privilege prevents Court from directing defendant to provide objections to plaintiff's evidence before trial Corporations Act 2001 (Cth) s 140 LEGISLATION CITED : Corporations Law ss 232(3) 232(4), 232(6), 1317HA Trade Practices Act 1974 (Cth) s 155 Australian Competition and Consumer Commission v Amcor Printing Papers Group Limited (1999) 163 ALR 465 Australian Competition and Consumer Commission v FFE Building Services Limited [2003] FCA 157 Australian Competition and Consumer Commission v FFE Building Services Limited [2003] FCAFC 132 Australian Competition and Consumer Commission v J McPhee & Son (Australia) Pty Ltd (1997) 77 FCR 217 Australian Securities and Investments Commission v ABC Fund Managers Limited [2001] VSC 92 Australian Securities and Investments Commission v Plymin (2002) 4 VR 168 Australian Securities and Investments Commission v Rich (2003) 45 ACSR 305 Daniels Corporation International Pty Ltd v Australian Competition and Consumer Commission (2002) 77 ALJR 40 CASES CITED : Environment Protection Authority v Caltex Refining Co Pty Ltd (1993) 178 CLR 477 Lamb v Munster (1882) 10 QBD 110 Naismith v McGovern (1953) 9 CLR 336 Pyneboard Pty Ltd v Trade Practices Commission (1983) 152 CLR 328 Reid v Howard (1995) 184 CLR 1 Sidebottom v Commissioner of Taxation (Cth) [2003] VSCA 2 Smith v Read (1737) 1 Atk 526,527 Sorby v The Commonwealth (1983) 152 CLR 281 Trade Practices Commission v Abbco Iceworks Pty Ltd (1994) 52 FCR 96 Australian Securities and Investments Commission (P/R) PARTIES : Geoffrey William Vines (D1) Francis William Robertson (D2/A) Timothy John Henry Fox (D3) FILE NUMBER(S) : SC 3138/01 S D Robb SC with Ms E A Collins (P/R) COUNSEL : G A Seib (D1) D L Williams (D2/A) M Hurst (D3) Jan Redfern, Solicitor for Australian Securities and Investments Commission (P/R) Sparke Helmore (D1) SOLICITORS : Henry Davis York (D2/A) Gadens Lawyers (D3)