FAMILY COURT OF AUSTRALIA
| HOULT & HOULT | [2012] FamCA 367 |
| FAMILY LAW – BINDING FINANCIAL AGREEMENT – where the s 90B financial agreement entered into by the spouse parties was found to be not binding within the meaning of s 90G – where the parties provided submissions with respect to the application, if any, of s 90G(1A)(c) – whether it would be unjust and inequitable if the agreement were not binding on the spouse parties – consideration of Senior & Anderson (2011) FLC 93-470 and Parker & Parker [2012] FamCAFC 33 – where it would be unjust and inequitable if the spouse parties were not bound by the financial agreement. |
| Acts Interpretation Act 1901 (Cth) Federal Justice System Amendment (Efficiency Measures) Act (No 1) 2009 (Cth) |
| Commonwealth v Verwayen (1990) 170 CLR 394 Holland & Holland (1982) FLC 91-242 Walton Stores (Interstate) Ltd v Maher (1988) 164 CLR 387 Supplementary Explanatory Memorandum, Federal Justice System Amendment (Efficiency Measures) Bill (No. 1) 2008. |
| APPLICANT: | mr hoult |
| RESPONDENT: | ms hoult |
| FILE NUMBER: | BRC | 3036 | of | 2011 |
| DATE DELIVERED: | 22 May 2012 |
| PLACE DELIVERED: | Brisbane |
| PLACE HEARD: | Brisbane |
| JUDGMENT OF: | Murphy J |
| HEARING DATE: | 19 April 2012 |
REPRESENTATION
| COUNSEL FOR THE APPLICANT: | Mr Galloway |
| SOLICITOR FOR THE APPLICANT: | Peter Sheehy Solicitor |
| COUNSEL FOR THE RESPONDENT: | Mr Page SC |
| SOLICITOR FOR THE RESPONDENT: | Herbert Geer |
Orders
IT IS DECLARED THAT
Within the meaning of s 90G(1A)(c) of the Family Law Act 1975 (Cth) it would be unjust and inequitable if the financial agreement entered into between MS HOULT and MR HOULD pursuant to s 90B of the Act was not binding on them, they being the spouse parties to it.
Pursuant to s 90G(1B) of the said Act, the said financial agreement is binding on the said parties to it.
IT IS NOTED that publication of this judgment under the pseudonym Hoult & Hoult is approved pursuant to s 121(9)(g) of the Family Law Act 1975 (Cth).
| FAMILY COURT OF AUSTRALIA AT BRISBANE |
FILE NUMBER: BRC 3036 of 2011
| Mr Hoult |
Applicant
And
| Ms Hoult |
Respondent
REASONS FOR JUDGMENT
On 22 December 2011 I made orders and delivered reasons in an Application by the wife in respect of a financial agreement executed by her and the husband in December 2004 in contemplation of their marriage which took place on 17 December 2004. An Order was made that the financial agreement be declared not binding within the meaning of s 90G of the Family Law Act 1975 (Cth) (“the Act”).
At the end of the hearing to which those orders and reasons relate[1] (which I will call “the first hearing”) and consequent upon submissions by the parties, I made procedural orders so as to afford the parties the opportunity to file further material if…
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- Hoult and Hoult [2012] FamCA 367
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- [2012] FamCA 367
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CaseChat Overview and Summary
The central legal issue before the court was whether the financial agreement was binding on the parties. This required the court to determine, pursuant to section 90G(1A)(c) of the Act, whether it would be unjust and inequitable for the agreement not to be binding.
Murphy J reasoned that the agreement was indeed binding. The court applied the principles of section 90G of the *Family Law Act 1975* (Cth), which allows for financial agreements to be binding if certain conditions are met, including that it would be unjust and inequitable not to make the order.
The court declared that within the meaning of section 90G(1A)(c) of the *Family Law Act 1975* (Cth), it would be unjust and inequitable if the financial agreement was not binding on the parties. Consequently, pursuant to section 90G(1B) of the Act, the financial agreement was declared to be binding on Ms Hoult and Mr Hoult.
Orders
Orders of the court
IT IS DECLARED THAT
1.
Within the meaning of s 90G(1A)(c) of the Family Law Act 1975 (Cth) it would be unjust and inequitable if the financial agreement entered into between MS HOULT and MR HOULD pursuant to s 90B of the Act was not binding on them, they being the spouse parties to it.
2.
Pursuant to s 90G(1B) of the said Act, the said financial agreement is binding on the said parties to it.
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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