Tabruby Pty Ltd v Belbrooke Pty Ltd

Case [2025] QSC 249


QUEENSLAND COURTS AND TRIBUNALS

TRANSCRIPT OF PROCEEDINGS

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SUPREME COURT OF QUEENSLAND

CIVIL JURISDICTION

TRESTON J

No 11148 of 2020

DANIEL MOORE (SCHEME ADMINISTRATOR)         Applicant
AND TRUSTEE FOR THE BELBROOKE
ADMINISTRATION TRUST AND BELBROOKE
MORTGAGE TRUST

and

OCHKIT PTY LTD A.C.N 010 874 058  Respondents

TABRUBY PTY LTD A.C.N. 010 371 061
AS TRUSTEE FOR THE CAMPBELL
SUPERANNUATION FUND

MICHAEL LAWRENCE MASTERS AND
DEBRA ANNE MASTERS AS TRUSTEES
FOR THE SUPER HOLIDAY FUND

BARRY CALDER DAHM AND JOAN DAHM
AS TRUSTEES FOR THE BC & J DAHM
SUPER FUND

STEPHEN GEORGE BLADES AND VALERIE
DAWN BLADES AS TRUSTEES
FOR THE CATCH22 SUPER FUND

BELBROOKE PTY LTD A.C.N.159 775 336
AS TRUSTEE FOR THE BELBROOKE
ADMINISTRATION TRUST

BELBROOKE PTY LTD A.C.N. 159 775 336
AS TRUSTEE FOR THE BELBROOKE
MORTGAGE TRUST

WILLIAM JOHN HENRY HOUWING AND
CHRISTINE LESLEY HOUWING

CHRISTINE LESLEY HOUWING ATF
FOR THE ROSEVALE DISCRETIONARY
TESTAMENTARY TRUST

BRISBANE

2.58 PM, TUESDAY, 23 SEPTEMBER 2025

DAY 1

JUDGMENT

Any rulings in this transcript may be extracted and revised by the presiding Judge.

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HER HONOUR:   On 28 October 2020, an originating application was filed seeking the appointment of an administrator to a scheme, some of the details of the scheme which I will now set out.  The self-represented parties, Mr and Mrs Houwing, were the directors of one of the companies, Belbrooke Proprietary Limited, which company is a trustee of the Belbrooke Mortgage Trust which is a unit trust and the Belbrooke Administration Trust which is a discretionary trust.  The primary beneficiaries of which are also Mr and Mrs Houwing.

Mr Houwing was a director and authorised representative of a company, Financial Options.  Financial Options held an Australian Financial Services licence and Mr Houwing provided financial advisory services through that business.  Mr Houwing would arrange for his investor clients to lend money to related…

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Details
AGLC
Tabruby Pty Ltd v Belbrooke Pty Ltd [2025] QSC 249
Case
[2025] QSC 249
Decision Date

CaseChat Overview and Summary

Tabruby Pty Ltd, along with several other superannuation funds, filed an originating application seeking the appointment of an administrator for a scheme, alleging that Belbrooke Pty Ltd, as trustee for the Belbrooke Administration Trust and the Belbrooke Mortgage Trust, had engaged in a managed investment scheme without proper registration. The case was before the Supreme Court of Queensland, with Treston J presiding over the matter. The primary legal issue was whether the order appointing an administrator to the scheme was final and, if so, whether it could be revisited on the grounds of procedural unfairness due to Mr Houwing's post-traumatic stress disorder (PTSD). The court found that the order was indeed final, and there was no procedural unfairness in its making. The court further concluded that the application to revisit the scheme order was essentially a backdoor appeal, which was not permissible. The application was dismissed on the basis that the scheme order was final and could not be set aside except through appeal or in proceedings for fraud, neither of which applied in this case. The court also noted that even if the order was not final, the application to revisit it should be dismissed on discretionary grounds, given the significant time that had elapsed since the original order was made.

Orders

Orders of the court

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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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