Bestvale Resource Consultants Pty Ltd v Coalworks Ltd [2015] NSWSC 1402

Supreme Court New South Wales

Medium Neutral Citation: Bestvale Resource Consultants Pty Ltd v Coalworks Ltd [2015] NSWSC 1402 Hearing dates: 3 September 2015 Date of orders: 24 September 2015 Decision date: 24 September 2015 Jurisdiction: Common Law Before: Lindsay J Decision: Having regard to transitional provisions applicable to commencement of 2009 amendments to s 200B of the Corporations Act 2001 Cth, a payment in lieu of notice upon termination of a consultancy arrangement held not to attract the operation of the section. Catchwords: CORPORATIONS- Consultancy Agreement – Covenant to pay remuneration in lieu of notice – Variation of work and remuneration arrangements - Corporations Act 2001 Cth s200B – Transitional provisions – Corporations Amendment (Improving Accountability on Termination Payments) Act 2009 Cth, Schedule 1, clause 43(1). Legislation Cited: Acts Interpretation Act 1901 Cth, section 15AB. Corporations Act 2001 Cth Corporations Amendment (Improving Accountability on Termination Payments) Act 2009 Cth, Act, No. 115 of 2009 Cases Cited: Andrews v ANZ Banking Group Limited (2012) 247 CLR 205 at 223-224 [33]-[35] Silver v Dome Resources NL [2007] NSWSC 455; 62 ACSR 539 at [84]-[86] Texts Cited: - Category: Principal judgment Parties: First Plaintiff: Bestvale Recourse Consultants Pty Ltd Second Plaintiff: Christiopher Hagan Third Plaintiff: Bidya Hagan Defendant: Coalworks Ltd Representation: Counsel: Plaintiffs: RJ Ellicott QC with MR Ellicott