Australian Competition & Consumer Commission v Info4pc.com Pty Ltd

REASONS FOR JUDGMENT 1 Judgment was given in this matter on 31 July 2002. Orders were made requiring payment of fines by the first and second respondents. Order 35 r 5 of the Federal Court Rules requires that where the Court imposes a fine, the Court shall order that the person on whom the fine is imposed pay the fine to the Registrar and specify the time within which the fine is required to be paid. Submissions have now been received from the applicant and the second respondent in relation to the specification of such a time. 2 In the case of the applicant it is accepted that the second respondent should now pay the sum of $2000.00 and that the second respondent should pay the balance of the amount due in six monthly instalments, the first instalment being payable one month after the payment of the $2000.00 lump sum and the instalments being $333.33 for the first five payments and a final instalment of $333.35. 3 In the case of the second respondent it is submitted that he should pay an amount of $2000.00 now and the balance in six months. He asserts, and it is not disputed, that he is a single income earner on a salary of $35,000.00 per annum on which he supports a wife and three primary school aged children. 4 In my view the submissions for the applicant adequately accommodate the issues raised by the second respondent. Orders will therefore be made in such terms. 5 In relation to the first respondent the position is complicated by the fact that on 14 January 2003 the first respondent was de-registered as a consequence of action by the Australian Securities and Investments Commission ('ASIC') for failure to file an annual report. The property of the first respondent is consequently now vested in ASIC. It is not therefore available, as the second respondent contends, for realisation and application to liability said by him to exist between himself and the first respondent. In the circumstances the fines imposed in respect of the first respondent should be made payable within 28 days of the further orders. I certify that the preceding five (5) numbered paragraphs are a true copy of the Reasons for Judgment herein of the Honourable Justice RD Nicholson.