Cameron and Cameron

Case

[2007] FamCA 1115

13 July 2007


Details
AGLC Case Decision Date
Cameron and Cameron [2007] FamCA 1115 [2007] FamCA 1115 13 July 2007

CaseChat Overview and Summary

In *Cameron and Cameron*, heard by Barry J, the parties sought orders for a partial property settlement. The dispute concerned the division of various assets, including real property, a self-managed superannuation fund, and a company, with the wife being ordered to transfer her interest in one property to the husband in exchange for a sum of money, and also to transfer her interest in the superannuation fund.

The court was required to determine the terms of a partial property settlement between the parties. This involved deciding the allocation of specific assets and liabilities, including the transfer of property interests, the payment of a sum of money, the responsibility for capital gains tax, and the division of a self-managed superannuation fund. The court also needed to address the future determination of the value of a company, E Pty Ltd.

Barry J made orders for a partial property settlement, directing the wife to transfer her interest in the "B property" to the husband in return for a payment of $106,409. The wife was also to be liable for any capital gains tax on the sale of the "M property" and to transfer her entire interest in the self-managed superannuation fund to the husband. Each party was to retain other assets in their possession. A Registrar of the Family Court of Australia was appointed to execute documents if a party refused to do so. The question of the value of E Pty Ltd was adjourned.
Details

Areas of Law

  • Family Law

  • Property Law

  • Tax Law

Legal Concepts

  • Remedies

  • Jurisdiction

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