Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

CAR OWNERS' MUTUAL INSURANCE COMPANY, LTD. v. TREASURER OF THE COMMONWEALTH OF AUSTRALIA

[1969] 2 Lloyd's Rep. 614

JUDICIAL COMMITTEE OFTHE PRIVY COUNCIL

Before Lord Gardiner, L.C., Lord Morris of Borth-y-Gest, Lord Pearce, Lord Wilberforce and Lord Pearson

Australia - Insurance - Parent and wholly owned subsidiary companies carrying on insurance business in Australia - Deposit maintained by both companies - Claim by subsidiary company for return of deposit - Discretion of Treasurer of Commonwealth of Australia to refuse payment - (Australian) Insurance Act, 1932-1960, Sect. 14.

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