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Australian Competition and Consumer Commission v Master Wealth Control Pty Ltd [2024] FCA 344

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CONSUMER LAW - misleading and deceptive conduct - where first respondent represented that: first, distressed homeowners lose remaining equity in their property because "banks don't give change"; second, a so-called "Vestey Trust" structure would enable consumers to protect all assets; and third, that "Vestey Trust" structure had been tested and upheld as effective by the Full Court - whether second respondent liable as accessory - where second respondent had actual knowledge that conduct was misleading and deceptive - declaratory relief granted

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