We have finished our analysis of what is money and now turn to consider what is a payment. In particular, we want to examine if and when a journal entry can constitute a payment. The first case we will look at is Deputy Federal Commissioner of Taxation v Black. This...
This week marks the culmination of our extended inquiry into the legal nature of money. We will not read cases; instead, the only reading material is Adrian Cartland’s new (draft) paper, included in the training materials. This paper consolidates the last few months...
This week we will explore the legal mechanics of fixed trusts, as interpreted in the recent decision of David & Ros Carr Holdings Pty Ltd v Ritossa [2025] NSWCA 108. Case Summary (Relevant Points Only) Two couples co-invested in a unit trust and later disagreed...
This week we examine the legal character of foreign currency and what it means to treat something as “money” under the GST regime, through the High Court decision in Travelex Ltd v Commissioner of Taxation [2010] HCA 33. The case explores the tension between the...
This session continues our examination of how the law distinguishes between money, money-like instruments, and non-monetary forms of value. Through five historically and doctrinally significant cases, we will explore the boundaries of what constitutes money for legal...
This session continues our examination of how the law distinguishes between money, money-like instruments, and non-monetary forms of value. Through five historically and doctrinally significant cases, we will explore the boundaries of what constitutes money for legal...
