Austin Distributors Limited v A H Paterson Car Sales Pty Ltd [1941] HCA 16
The appellant's business was primarily the buying and selling of motor vehicles, and the financing of dealers was an activity incidental to and carried out for the purposes of that business, not as a distinct business of money-lending. The appellant therefore fell within the exception in sec. 3(1)(d) of the Money Lenders Act 1938 (Vict.), and was not a money-lender for the purposes of the Act.
- Parties
- Appellant; Plaintiff: Austin Distributors Ltd.; Respondent; Defendant: A. H. Paterson Car Sales Pty. Ltd.
- Jurisdiction
- Australia
- Procedural Posture
- Civil Appeal / Appeal From Supreme Court of Victoria; High Court Final Judgment
- Outcome
- appeal allowed
- Legal Topics
- Money Lending Regulation, Definition of Money Lender, Application of Statutory Exceptions, Hire Purchase Arrangements
Case Brief
Summary, issues, holding and outcome
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Parties
Austin Distributors Ltd.
Appellant; Plaintiff
A. H. Paterson Car Sales Pty. Ltd.
Respondent; Defendant
Procedural Posture
Civil Appeal / Appeal From Supreme Court of Victoria; High Court Final Judgment
Legal Issues
- 1 Whether the appellant was a 'money-lender' within the meaning of sec. 3(1) of the Money Lenders Act 1938 (Vict.)
- 2 Whether the appellant fell within the statutory exception for businesses 'not having for its primary object the lending of money' under sec. 3(1)(d) of the Act
Ratio Decidendi
The appellant's business was primarily the buying and selling of motor vehicles, and the financing of dealers was an activity incidental to and carried out for the purposes of that business, not as a distinct business of money-lending. The appellant therefore fell within the exception in sec. 3(1)(d) of the Money Lenders Act 1938 (Vict.), and was not a money-lender for the purposes of the Act.
Court Disposition
appeal allowed
Orders
- Order of the Supreme Court set aside.
- Judgment entered for the appellant for £1,915 5s. 8d. with interest at six per cent from the date of writ until payment.
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