PPSA: Possessory Lien and Migrated Registration – What Trumps in a Priority Dispute?

In a judgement delivered on 24 December 2013, the Federal Court determined that a possessory lien in Victoria will take priority over a migrated registration in a priority dispute between transitional security interests under the ...

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PPSR Transition Period Ends Midnight 31 January 2014

If your transitional security interest (TSI) has not yet been registered on the Personal Property Securities Register (PPSR), you need to register it before midnight on 31 January 2014 (Canberra time) to take advantage of “tempo...

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Willmott Forests: Victorian Supreme Court of Appeal Upholds Decision

Previously, we referred to Willmott Forests Ltd (Receivers and Managers appointed) (in liquidation) v Willmott Growers Group Inc and Willmott Action Group Inc [2012] VSCA 202. We noted then an appeal to the High Court had been hea...

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ATO Releases Impact Statement on Luxury Car Tax Calculations

Earlier this year, the Full Federal Court decision of AP Group Limited v Commissioner of Taxation [2013] FCAFC 105 clarified GST liability in relation to certain motor vehicle incentive payments. The Court held that fleet rebates ...

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Deductions from Wages or Salary – When are they Permitted under the Fair Work Act?

Many employers do not understand the circumstances in which they are permitted to make deductions from their employees' wages, particularly in situations where the employer seeks to recover money which they believe the employee ow...

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Customs Issue New Guidance on ‘Authorisations’ Although Many Issues Remain Unresolved

In an unexpected development, the Australian Customs and Border Protection Service ('Customs') issued Customs Notice 2013/64 ('Notice') on Friday 6 December 2013. History The Notice addresses the vexed issue of 'authorisations' ...

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