News & Insights

Key Points

• The purpose of the Pharmacy Location Rules is to reduce the cost to the Commonwealth of administering the Pharmaceutical Benefits Scheme, not to protect individual pharmacies’ geographic markets.

• A recent court decision highlights the need for companies to review deeds of indemnity given to the company’s directors
• The decision illustrates the importance for officers and employees of having effective and extensive directors and officers insurance from the outset

The European Court of Justice has ruled that a 15-year-old agreement allowing companies to transfer personal information from servers within the European Union to servers in the United States is invalid.

Disclosure statistics released

• The ATO has announced that, at 30 June 2014, there had been 166 disclosures, 250 expressions of interest (where taxpayers have identified themselves and said they will be making a disclosure) and more than 600 general enquiries in relation to Project DO IT.

One of Australia’s oldest law firms, Rigby Cooke Lawyers is on the move.

The full service commercial law firm, which can trace its heritage back to 1848 and has included partners such as former Australian Prime Minister, Mr. Harold Holt, is moving to state of the art offices over 2 floors in Melbourne Central Tower at 360 Elizabeth Street, Melbourne.

Service by Email – Effective?

Construction contracts can permit the service of notices by email, however, determining the time at which the email is deemed to have been served or received is problematic and may have implications in the event that a matter proceeds to adjudication.