Bibliography

Legislation

  1. Corporations Act, 2001.
  2. Corporation Regulations, 2001.
  3. Financial Services and Markets Act, 2000 (UK).

ASIC Legislative Instruments

ASIC Corporations (Horse Schemes) Instrument 2016/790 issued by ASIC on 25/08/2016 (as amended on 16/12/2016);

Explanatory Memorandum for ASIC Corporations (Horse Schemes) Instrument 2016/790 issued on 26/08/2016.

ASIC Regulatory Guides

  1. RG 91 [2016] – Horse breeding schemes and horse racing syndicate:

    • replacing RG 91 [2012];
    • replacing RG 91 [2007];
    • replacing Policy Statement 20 (Horse Racing Schemes) issued in 1996.
  2. RG 97 [2017] – Disclosing fees and costs in PDSs and periodic statements:

    • replacing RG 97 [2011];
    • replacing RG 97 [2007].
  3. RG 168 [2011] – Disclosure: Product Disclosure Statements (and other disclosure obligations):

    • replacing RG 168 [2010];
    • replacing RG 168 [2007].

Promoters Policy Guides and industry communiques

  1. Racing NSW (“RNSW”)

    1. Guidelines for Promoters re Product Disclosure Statements [Jan 2017].
    2. Pro forma Product Disclosure Statement.
    3. Information for Prospective Owners – Promoters may include Management Fees in PDSs].
    4. Racing NSW – Guide to Ownership Costs.
    5. Industry communique issued 1 June 2004.
  2. Racing Victoria (“RV”)

    1. RV PP [Jan 2017] – Promoter Policy.
    2. RV APP [Jun 2014] – Approved Promoter Policy. and RV Regulation of Promoters of Horse Shares [undated 2014]
    3. RV APP [Nov 2011] – Approved Promoter Policy and RV Regulation of Promoters of Horse Shares and Horse Syndicates [undated 2011].

The Australian Rules of Racing (“ARR”).

Cases

  1. Andrew Brown (and others) v InnovatorOne Plc (and others) [2012] WHC 3121.
  2. Asset Land Investments Plc v Financial Conduct Authority [2016] UKSC 17
  3. Australian Softwood Forests Pty Ltd v A-G (NSW); Ex Rel Corporate Affairs Commission (1981) 148 CLR 121, 133, at page 6 (para 25).
  4. ASIC v Enterprise Solutions 2000 Pty Ltd (2000) 35 ACSR 620.
  5. ASIC v Chase Capital Management Pty Ltd (2001) 36 ACSR 778.
  6. ASIC v IP Product Management Group Pty Ltd (2002) 42 ACSR 343.
  7. ASIC V McNamara (2002) 42 ACSR 488. Also referenced as [2002] FCA 1005
  8. ASIC v Pegasus Leveraged Options Group Pty Ltd & Anor [2002] NSWSC 310.
  9. ASIC v Takaran Pty Ltd [2003] 1Qd R 135 at 146 [17].
  10. ASIC v Young & Others [2003] QSR 029
  11. Ballantyne v Raphael (1889) 15 15 VLR 538.
  12. Bermuda Cablevision Ltd and Others Appellants v Colica Trust Co Ltd Respondent [1998] AC 198
  13. Brookfield Multiplex Limited v International Litigation Funding Partners Pte Ltd (No 3) [2009] FCA 450.
  14. Burton v Arcus (2006) 57 ACSR 468; Appeal (2006) WASCA 0071.
  15. Butler v JSL Racing Pty Ltd (26/03/2013 VSC unreported)
  16. Edgelow v MacElwee [1918] 1KB 205.
  17. Enviro Systems Renewable Resources P/L v ASIC [2001] SASC 11
  18. Hungier V Grace (1972) 127 CLR 21.
  19. Hyde v Sullivan (1956) 56 SR(NSW) 113.
  20. Racing Appeals Tribunal Vasili Decision 12 June 2019
  21. Risqy Limited [2008] QSC 107.
  22. Risqy Limited (No 2) [2008] QSC 139, at 5.
  23. The Russell-Cooke Trust Company v Elliott (No 1, unreported and No 2, 16 July 2001, unreported).
  24. Smith v Anderson 1874-80 All ER Rep 1121.
  25. United Dominions Corp v Brian Pty Ltd (1985) 157 CLR 1 at 15
  26. WA Pines Pty Ltd V Hamilton [1980] WASC 184

Other

Paper titled: “Australian Bar Review – Precedent Law, Practice & Trends in Australia”, by the Hon Justice Michael Kirby AC CMG.