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Queensland Contract Law?

Posted by on in Toxic Mortgage Loans
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I have been looking for the Queensland Contracts Law.

I am specifically looking for the reference to the impossibility or otherwise of making an illegal contract "legal" and any other activities that can or cannot be done to an existing illegal contract.

Thanks

Lisa

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  • doyla66
    doyla66 Tuesday, 25 September 2012

    Contract law australia incl QLD

    a workbook on contract law here
    http://www.thomsonreuters.com.au/product/AU/files/9780455225029/workbook_solution_guide_edited_1.pdf
    info here:
    http://www.australiancontractlaw.com/
    http://www.australiancontractlaw.com/legislation.html
    whats wrong with Australian contract law: http://www.sclqld.org.au/lu/items/articles/793
    There might be something of use for you in these

  • doyla66
    doyla66 Tuesday, 25 September 2012

    Thankyou Bel - that's what I've been looking for :) Plenty of study to do!

  • doyla66
    doyla66 Tuesday, 25 September 2012

    Hi Lisa, this is what I wanted to ask as well. Is the Qld Contract law same as the one in NSW? A barister told me once that the people in NSW have more chances to have a mortgage set aside under the NSW contract law (if misconduct, maladministartion...can be proven)but because I live in Qld this particular la does not apply to me.

  • doyla66
    doyla66 Tuesday, 25 September 2012

    Hi Maria, I've heard the same about the NSW Contract Law. Is it true? If so how can we get a level playing field in what is a Federal jurisdiction? Or doesn't it matter as all the loan fraud cases would have "illegal contracts" anyway?

  • Denise
    Denise Tuesday, 25 September 2012

    I pointed this out to Authorities and ASIC, years ago. NSW Contract Review Act 1980 had provisions for finding of UNJUST CONTRACT and the Khoshaba case was the first one through the gate around 2005. The Streetwise case was based on similar lines but added IMPRUDENT LEND. The Banks knew that only NSW victims could get mortgages extinguished and other states were left with little remedy except for UNCONSCIONABLE CONDUCT. Eventually the Government framed new laws for those provisions for all states - NCCP ACT (2009). YET WITH ALL OF THIS FRAUD GOING ON, ASIC wanted to be fair to Bankers and gave the industry a YEAR MORATORIUM - time enough to write up more dirty loans. The NCCP Act designed to bring relief to long neglected consumers.
    [email protected]sa.com.au

  • doyla66
    doyla66 Wednesday, 26 September 2012

    predecessor: Consumer Credit Code(QLD)1994 refer to sec.70 "unjust transactions" [superseded 1 July, 2010 by NCCP refer to sec. 70]

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