HUDSON PROPERTY GROUP PTY LTD v COMMUNITY ASSOCIATION DP 270238 [2005] NSWCA 374

HUDSON PROPERTY GROUP PTY LTD v COMMUNITY ASSOCIATION DP 270238 [2005] NSWCA 374

The effect of the Site Management Agreement was not sufficiently disclosed in the Community Management Statement, as only possibilities were stated and not the actual effect of the agreement entered into; therefore, the agreement terminated at the end of the first Annual General Meeting as required by s24(2).

Parties
Claimant: HUDSON PROPERTY GROUP PTY LTD; Opponent: COMMUNITY ASSOCIATION DP 270238
Jurisdiction
Australia
Judgment Date
25 October 2005
Procedural Posture
Appeal / Judgment
Outcome
appeal dismissed with costs
Legal Topics
Site Management Agreement, Disclosure of Parties, Community Land Management Act 1989, Effect of Management Agreement, Statutory Interpretation

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Parties

HUDSON PROPERTY GROUP PTY LTD

Claimant

COMMUNITY ASSOCIATION DP 270238

Opponent

Procedural Posture

Appeal / Judgment

  1. 1 Whether the effect of the Site Management Agreement was disclosed in the Community Management Statement as required by s24(2)(a) of the Community Land Management Act 1989
  2. 2 Whether disclosure of the effect of an agreement can occur before the agreement has been entered into

Ratio Decidendi

The effect of the Site Management Agreement was not sufficiently disclosed in the Community Management Statement, as only possibilities were stated and not the actual effect of the agreement entered into; therefore, the agreement terminated at the end of the first Annual General Meeting as required by s24(2).

Court Disposition

appeal dismissed with costs

Orders

  • Appeal dismissed with costs.
  • Existing stay extends for a further term of 14 days but no longer, with liberty to either party to apply to a Judge of the Equity Division to shorten or lengthen it.