Monthly Archives: December 2013

Thomsons has acted for the Willunga Basin Water User Group joint venturers in respect of the sale of the Willunga Water Basin, which included the Christies Beach to McLaren Vale water pipeline and associated water infrastructure and the Willunga Basin Water Company (the company managing the pipeline and associated infrastructure).

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Reforms to the Privacy Act 1988 (Privacy Act) will take effect on 12 March 2014. The changes introduce 13 new ‘Australian Privacy Principles’ (APPs) which will replace the ‘National Privacy Principles’ (NPPs). Clubs which are subject to the Privacy Act will need to be ready to comply with the new regime from 12 March 2014.

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On 9 December 2013 the Federal Government announced that it has commissioned a White Paper to examine the competitiveness of Australia’s agricultural industry.

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The ATO’s new draft ruling (TR 2013/D6) deals with the tax treatment of money or property which is transferred in property settlement proceedings involving parties to a marriage.

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Thomsons Lawyers' Brisbane corporate team has advised on the sale of Kilcoy Pastoral Company (KPC) to China's leading agribusiness operator, New Hope Group and other co-investors for an undisclosed sum.

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Thomsons has acted for Jobfit in the recent sale of an 80 per cent stake in its business to a Singapore investor, Fullerton Healthcare.

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The Building and Construction Industry Payments Act 2004 (BCIP Act) restricts the service of payment claims at certain points throughout the Christmas period. However, claimants are known to take advantage of the holiday season by serving payment claims at a time when offices are typically empty and staff are more likely to be absent.

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On 29 November 2013 the Full Federal Court handed down its decision to dismiss an appeal brought by The Jewellery Group Pty Ltd (Zamel's) against an earlier successful prosecution by the Australian Competition and Consumer Commission (ACCC). The appellate Court upheld the trial judge's findings that Zamel's had engaged in misleading or deceptive conduct and made false and misleading representations with regard to the price of its products.

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