FEDERAL MAGISTRATES COURT OF AUSTRALIA
| MAGEE & MAGEE | [2008] FMCAfam 856 |
| FAMILY LAW – Property settlement – dissipation of joint assets – waste by one party – consideration of “add backs” – principles to be followed – special circumstances of the case – nothing to show for the monies dissipated – consideration of payment greater than 100% of equity – inappropriate in circumstances – consideration of basis for an adjournment – factors to consider – need for finality. |
| Family Law Act 1975 (Cth), ss.75(2), 79(1),(2), (5), 79A, 106B, 81 |
| Kowaliw & Kowaliw (1981) FLC 91-092 Walters & Walters (1986) FLC 91-733 Milankov & Milankov(2002) FLC 93-095 |
| Applicant: | MS MAGEE |
| Respondent: | MR MAGEE |
| File number: | TVM 2867 of 2004 |
| Judgment of: | Coker FM |
| Hearing dates: | 21 & 22 May 2008 |
| Date of last submission: | 11 June 2008 |
| Delivered at: | Townsville |
| Delivered on: | 14 August 2008 |
REPRESENTATION
| Counsel for the Applicant: | Ms Demack |
| Solicitors for the Applicant: | Madden Solicitors |
| Counsel for the Respondent: | Mr Betts |
| Solicitors for the Respondent: | The Brad Robins Legal Centre |
ORDERS
The Husband forthwith do all acts and things necessary and sign all documents to transfer to the Wife all his right, title and interest in and to the properties situated at Property F[J]'sMr JMr JMr JMr J and Property G, subject to the existing mortgages (paid to the date of this order) and that all rates in relation to the said properties be paid to the date of transfer.
The Wife retain, to the exclusion of the Husband, the Daewoo motor vehicle in her possession.
The Wife retain, to the exclusion of the Husband, her chattels and personal effects presently in storage in Richmond and Charters Towers with the wife to have access to the storage shed/s at a time of her nomination to collect that property and the husband to arrange for the shed/s to be open and entitled to have an agent present during the removal.
The Husband forthwith do all acts and things necessary and sign all documents to transfer to the Wife any interest held by him or on his behalf in Coles/Myer shares.
Pursuant to paragraph 90MT(1)(a) of the Family Law Act, whenever a splittable payment becomes payable in respect of the Husband’s interest in the BT Funds Management Superannuation Fund and the Commonwealth Life Personal Superannuation Fund, the Wife shall be entitled to be paid an amount calculated in accordance with Part 6 of the Family Law (Superannuation) Regulations 2001, at the date of these Orders, in the sum of 100% and that there be a corresponding reduction to the entitlement the Husband would have had in the BT Funds Management Superannuation Fund and the Commonwealth Life Personal Superannuation Fund but for this Order.
The preceding paragraph have effect from the operative time and for the purposes of these orders the operative time shall be four days after the service of this order upon the Trustees of the BT Funds Management Superannuation Fund and the Commonwealth Life Personal…
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- AGLC
- Magee and Magee [2008] FMCAfam 856
- Case
- [2008] FMCAfam 856
- Decision Date
CaseChat Overview and Summary
The court was required to determine how to equitably distribute the assets between the parties, taking into account their respective contributions and needs. This included the division of jointly-owned properties, personal effects, and shares. Additionally, the court had to decide how to address the superannuation entitlements and ensure that any future payments were distributed in accordance with the court's orders. The court also needed to consider the implications of any existing debts, such as the tax debt owed by the husband, and how these would be managed post-separation.
In reaching its decision, the court emphasised the importance of ensuring an equitable outcome that considered the contributions and needs of both parties. The court ordered the immediate transfer of certain properties and assets to the wife, while allowing her to retain specific personal items and vehicles. Regarding the superannuation funds, the court mandated that a percentage of future payments be directed to the wife. The court also addressed the husband's tax debt, requiring him to indemnify the wife against any liabilities arising from this debt. The court further specified the timeframes for these orders and granted both parties the right to seek clarification if needed.
The final orders included the transfer of specified properties and assets to the wife, the retention of personal items and vehicles by the wife, the indemnification of the wife against the husband's tax debt, and the division of future superannuation payments. Each party was also required to retain their other assets and indemnify the other party against liabilities associated with those assets. The court allowed both parties to apply for clarification of the orders within a specified period and addressed the matter of costs.
Orders
Orders of the court
1.
The Husband forthwith do all acts and things necessary and sign all documents to transfer to the Wife all his right, title and interest in and to the properties situated at Property F[J]'sMr JMr JMr JMr J and Property G, subject to the existing mortgages (paid to the date of this order) and that all rates in relation to the said properties be paid to the date of transfer.
2.
The Wife retain, to the exclusion of the Husband, the Daewoo motor vehicle in her possession.
3.
The Wife retain, to the exclusion of the Husband, her chattels and personal effects presently in storage in Richmond and Charters Towers with the wife to have access to the storage shed/s at a time of her nomination to collect that property and the husband to arrange for the shed/s to be open and entitled to have an agent present during the removal.
4.
The Husband forthwith do all acts and things necessary and sign all documents to transfer to the Wife any interest held by him or on his behalf in Coles/Myer shares.
5.
Pursuant to paragraph 90MT(1)(a) of the Family Law Act, whenever a splittable payment becomes payable in respect of the Husband’s interest in the BT Funds Management Superannuation Fund and the Commonwealth Life Personal Superannuation Fund, the Wife shall be entitled to be paid an amount calculated in accordance with Part 6 of the Family Law (Superannuation) Regulations 2001, at the date of these Orders, in the sum of 100% and that there be a corresponding reduction to the entitlement the Husband would have had in the BT Funds Management Superannuation Fund and the Commonwealth Life Personal Superannuation Fund but for this Order.
6.
The preceding paragraph have effect from the operative time and for the purposes of these orders the operative time shall be four days after the service of this order upon the Trustees of the BT Funds Management Superannuation Fund and the Commonwealth Life Personal Superannuation Fund, provided however that if the Trustees have not been afforded procedural fairness then the operative time be 28 days from the date of service of this order.
7.
This order be binding upon the Trustees of the BT Funds Management Superannuation Fund and the Commonwealth Life Personal Superannuation Fund.
8.
The Husband indemnify and keep the Wife indemnified, in relation to his tax debt currently outstanding to the Australian Taxation Office.
9.
Each party otherwise retain all other assets and property currently in their respective possession, power or control at the date of these orders as and for their own property absolutely and that each party indemnify and keep indemnified the other in relation to any liability attaching to said property.
10.
Each party have liberty to apply within 28 days of the date of this order in relation to any point of clarification in relation to the orders and in respect of costs.
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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