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Where am I now? Lawlink > Law Reform Commission > Publications > Discussion Paper 40 (1998) : Set-Off

Discussion Paper 40 (1998) : Set-Off


Table of Contents

Terms of reference
Participants
Submissions

1. INTRODUCTION
THE REFERENCE
DEFINITION OF SET-OFF

    Comparison with counterclaim
TYPES OF SET-OFF
    Contractual set-off
    Set-off provided for by statute
    Set-off under insolvency legislation
    Set-off under the Statutes of Set-off
    Set-off under the Supreme Court Act and Rules
Equitable set-off
Rights analogous to set-off
    Liability arising from a running account
    Abatement
    The rule in Cherry v Boultbee

2. SET-OFF UNDER THE STATUTES OF SET-OFF
THE STATUTES OF SET-OFF
Reasons for their introduction
    Injustice to defendants
    Elimination of unnecessary law suits
INTERPRETATION OF THE STATUTES OF SET-OFF
NATURE OF THE RIGHT ESTABLISHED BY THE STATUTES OF SET-OFF
ISSUES ARISING UNDER THE STATUTES OF SET-OFF
Actions by and against the Crown
Narrow coverage
    Requirement that both claims be due and payable
    Requirement that claims be liquidated

3. THE REPEAL OF THE STATUTES OF SET-OFF
APPLICATION AND REPEAL IN NEW SOUTH WALES
STATUTES OF SET-OFF IN OTHER JURISDICTIONS
    England
    Victoria
    Queensland
    Australian Capital Territory
    New Zealand
    Saskatchewan
DIFFICULTIES ARISING FROM THE REPEAL OF THE STATUTES OF SET-OFF
Matters involving original parties to a transaction
    Procedural practicality
    Costs
Matters involving third parties to an original transaction
    Joinder of principal debtors by guarantors
    Limitation of actions
    Set-off against an assignee

4. PROPOSALS FOR REFORM
OPTIONS FOR REFORM
Insert a savings provision in the Imperial Acts Application Act 1969
Revive the Statutes of Set-off by proclamation
Re-insert a provision in the rules of court
New limited statutory form of set-off
CONCLUSIONS OF OTHER LAW REFORM AGENCIES
Law Reform Committee of South Australia
Law Reform Commission of Western Australia
Law Reform Commission of British Columbia
Australian Law Reform Commission
THE COMMISSION’S CONCLUSION

TABLE OF LEGISLATION

TABLE OF CASES

SELECT BIBLIOGRAPHY



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