FEDERAL MAGISTRATES COURT OF AUSTRALIA
| CAMERON & CAMERON | [2008] FMCAfam 855 |
| FAMILY LAW – Property – credit – both parties wish to retain the real estate – asset pool – equality of contributions –s.75(2) factors favour husband. |
| Family Law Act 1975 (Cth) ss.79 & 75 |
| Lee Steere (1985) FLC 91-626 Ferraro (1993) FLC 92-335 Clauson (1995) FLC 92-595 Hickey (2003) FLC 93-143 C & C (2005) FLC 93-220 Russell v Russell (1999) FLC 92-877 NHC & RCH (2004) FLC 93-204 Cerini and Cerini [1998] FamCA 143 AJO & GRO (2005) FLC 93-218 Wilde & Wilde [2007] FamCA 1044 Kowaliw and Kowaliw (1981) FLC 91-092 Browne v Green (1999) FLC 92-873 Kessey and Kessey (1994) FLC 92-495 Hayne and Hayne (1977) FLC 90-265 Garrett and Garrett (1984) FLC 91-539 Poulos and Poulos (1984) FLC 91-515 |
| Applicant: | MR CAMERON |
| Respondent: | MS CAMERON |
| File Number: | LNC 485 of 2007 |
| Judgment of: | Roberts FM |
| Hearing dates: | 31 July, 1 & 8 August 2008 |
| Date of Last Submission: | 8 August 2008 |
| Delivered at: | Launceston |
| Delivered on: | 19 August 2008 |
REPRESENTATION
| Counsel for the Applicant: | Ms A Trezize |
| Solicitors for the Applicant: | Andrea Trezise |
| Counsel for the Respondent: | Mr M Longbottom |
| Solicitors for the Respondent: | Not applicable |
ORDERS
That within ninety (90) days MR CAMERON (“the Husband”) is to pay to MS CAMERON (“the Wife”) the sum of One Hundred and Sixty Six Thousand Five Hundred and Fifteen dollars ($166,515.00).
That contemporaneously with the payment to the Wife of $166,515.00 referred to in Order No. 1 hereof the Wife must transfer to the Husband all her right title and interest in the property situate at and known as Property N in Tasmania and more particularly described in Certificates of Title Volume [omitted] Folio 1 and Volume [omitted] Folio 1 (“the property”).
That in the event that the Husband fails to pay to the Wife the sum required by Order No. 1 hereof within ninety (90) days or within any agreed or Court ordered extension of that time the Wife is to pay the Husband the sum of Two Hundred and Five Thousand Four Hundred and Eighty Five dollars ($205,485.00) within a further ninety (90) days.
That contemporaneously with the payment to the Husband referred to in Order No. 3 hereof the Husband must transfer to the Wife all his right title and interest in the property.
That in the event that the Wife fails to pay the sum of $205,485.00 to the Husband in accordance with Order No. 3 hereof within the further period of ninety (90) days or any agreed or Court ordered extension of that time, the Husband and the Wife must do all acts and execute all documents necessary to sell the property at the best price that can reasonably be obtained, and the net proceeds after payment of all reasonable costs associated with that sale are to be divided on the basis of 55% to the Husband and 45% to the Wife.
That compliance with Orders No. 1 and…
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- Cameron and Cameron [2008] FMCAfam 855
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- [2008] FMCAfam 855
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CaseChat Overview and Summary
The court had to determine the appropriate division of property between the parties, including the sale of a property if necessary, and the respective shares of the net proceeds. The court was also required to decide the payment of a financial settlement by one party to the other, with a fallback arrangement if the payment was not made within a specified period. The court had to resolve which personal assets each party could retain free from claims by the other and how to divide the remaining domestic chattels.
The court found that the Wife was entitled to a financial settlement of $166,515.00 from the Husband, which was to be paid within ninety days. In return, the Wife would transfer her interest in a property to the Husband. If the Husband failed to make the payment, the Wife would be required to pay $205,485.00 to the Husband, and he would transfer his interest in the property to her. If the Wife did not make the payment, the property was to be sold, and the net proceeds divided between the parties. The court also determined which personal assets each party could retain and ordered the division of other domestic chattels.
The court made several orders, including that the Husband pay $166,515.00 to the Wife within ninety days and transfer his interest in the property to her. If the payment was not made, the Wife was to pay $205,485.00 to the Husband, and he was to transfer his interest in the property to her. The court ordered the sale of the property and division of the net proceeds if the Wife did not make the payment. The court also specified which personal assets each party could retain and directed the division of other domestic chattels.
Orders
Orders of the court
1.
That within ninety (90) days MR CAMERON (“the Husband”) is to pay to MS CAMERON (“the Wife”) the sum of One Hundred and Sixty Six Thousand Five Hundred and Fifteen dollars ($166,515.00).
2.
That contemporaneously with the payment to the Wife of $166,515.00 referred to in Order No. 1 hereof the Wife must transfer to the Husband all her right title and interest in the property situate at and known as Property N in Tasmania and more particularly described in Certificates of Title Volume [omitted] Folio 1 and Volume [omitted] Folio 1 (“the property”).
3.
That in the event that the Husband fails to pay to the Wife the sum required by Order No. 1 hereof within ninety (90) days or within any agreed or Court ordered extension of that time the Wife is to pay the Husband the sum of Two Hundred and Five Thousand Four Hundred and Eighty Five dollars ($205,485.00) within a further ninety (90) days.
4.
That contemporaneously with the payment to the Husband referred to in Order No. 3 hereof the Husband must transfer to the Wife all his right title and interest in the property.
5.
That in the event that the Wife fails to pay the sum of $205,485.00 to the Husband in accordance with Order No. 3 hereof within the further period of ninety (90) days or any agreed or Court ordered extension of that time, the Husband and the Wife must do all acts and execute all documents necessary to sell the property at the best price that can reasonably be obtained, and the net proceeds after payment of all reasonable costs associated with that sale are to be divided on the basis of 55% to the Husband and 45% to the Wife.
6.
That compliance with Orders No. 1 and 2 hereof will mean that Orders No. 3, 4 and 5 hereof have no force or effect.
7.
That compliance with Orders No. 3 and 4 hereof will mean that Order No. 5 hereof has no force or effect.
8.
That the Husband is to retain his Toyota Camry, Toyota Landcruiser, Yamaha motorcycle, tools and superannuation interests free from any claim by the Wife.
9.
That the Wife is to retain her Toyota Hi-ace and her superannuation interests free from any claim by the Husband.
10.
That all other domestic chattels in and around the property are to be divided between the Husband and the Wife as equally by value as is practicable.
Background
Background to the litigation
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Evidence
Evidence Before The Court
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Decision
Reasons for decision
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Ratio Decidendi
Legal Principle Established
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