Cudgegong Australia Pty Limited v Transport for NSW [2014] NSWLEC 19

Land and Environment Court New South Wales

Medium Neutral Citation: Cudgegong Australia Pty Limited v Transport for NSW [2014] NSWLEC 19 Hearing dates: 29, 30 August 2013, 13 November 2013, 3 March 2014 Decision date: 13 March 2014 Jurisdiction: Class 3 Before: Pain J Decision: 1. Pursuant to s 68(2)(b) of the Land Acquisition (Just Terms Compensation) Act 1991 Transport for NSW, the First Respondent, is to make an advance payment of $757,300 to Cudgegong Australia Pty Limited, the Applicant, within 14 days. 2. Costs are reserved. Catchwords: COMPENSATION - compensable interest in resumed land resides in incoming purchaser under mortgagee sale in possession of resumed land not in mortgagor which was unregistered company at time of acquisition - exercise of discretion to award advance payment Legislation Cited: Conveyancing Act 1919 111A Corporations Act 2001 (Cth) s 9, s 420A, s 601AD, s 601AH Land Acquisition (Just Terms Compensation) Act 1991 s 4, s 11, s 19, s 20, s 34, s 39, s 42, s 48, s 65, s 66, s 67, s 68, Land and Environment Court Act 1979 s 24, s 25 Local Government Act 1919 Real Property Act 1900 s 57, s 58, s 59 State Environmental Planning Policy (Sydney Region Growth Centres) 2006 Sydney Corporation Act 1932 (repealed) Cases Cited: Artistic Builders v Elliott & Tuthill Mortgages Pty Ltd [2002] NSWSC 16 Austin v Sheldon [1974] 2 NSWLR 661; (1974) 31 LGRA 274 Chang v Registrar of Titles (1976) 137 CLR 177 Chia v Rennie (Supreme Court (NSW)), Young J, 16 May 1997, unreported) Diamond Hill International Pty Ltd v Xu [2001] FCA 531 Forsyth v Blundell (1973) 129 CLR 477 Inglis v Commonwealth Trading Bank of Australia (1972) 126 CLR 161 Joro Pty Ltd v State Bank of New South Wales Ltd (Supreme Court (NSW), Young J, 8 December 1992, unreported) Legione v Hateley [1983] HCA 11; (1983) 152 CLR 406 Halloran and Sealark Pty Ltd v Minister Administering National Parks and Wildlife Act 1974 [1999] NSWLEC 268 McMahon v Sydney County Council (1940) 40 SR (NSW) 427 Minister for Aboriginal Affairs v Peko Wallsend Ltd [1986] HCA 40; (1986) 162 CLR 24 Pendlebury v Colonial Mutual Life Assurance Society Ltd [1912] HCA 9; (1912) 13 CLR 676 Stern v McArthur [1988] HCA 51; (1988) 165 CLR 489 Tanwar Enterprises Pty Ltd v Cauchi [2003] HCA 57; (2003) 217 CLR 315 Walker Corporation Pty Ltd v Sydney Harbour Foreshore Authority [2009] NSWLEC 219; (2009) 173 LGERA 155 Waring, Lord v London & Manchester Assurance Company Ltd [1935] Ch 310 Texts Cited: Clyde Croft and Robert Hay, The Mortgagee's Power of Sale (3rd ed 2013, LexisNexis Butterworths) Roderick Pitt Meagher, John Dyson Heydon and Mark James Leeming, Meagher, Gummow and Lehane's equity: doctrines and remedies (4th ed 2002 Butterworths LexisNexis) Category: Interlocutory applications Parties: Cudgegong Australia Pty Limited (Applicant) Transport for NSW (First Respondent) Golden Mile Property Investments Pty Limited (Second Respondent) Representation: Mr R Dick SC with Mr N Eastman (Applicant) Mr I Hemmings SC (First Respondent) Mr M Hall with Mr G Stapleton (Second Respondent) PC Law Pty Ltd (Applicant) Hunt and Hunt Lawyers (First Respondent) ERA Legal (Second Respondent) File Number(s): 30171 of 2013