ob体育

media release (23-267MR)

ob体育 appeals Federal Court findings relating to representations made by ACBF Funeral Plans

Published

ob体育 has appealed part of the decision of the Federal Court in ob体育鈥檚 case against ACBF Funeral Plans Pty Ltd (ACBF) and its parent entity Youpla Group Pty Ltd (Youpla Group) handed down on 5 September 2023 (refer 23-244MR).

ob体育 had alleged that ACBF represented it was owned or managed by Aboriginal persons when that was not the case. At first instance, the Court found such representations were made but was not satisfied those representations were false. ob体育 is appealing that finding.

ob体育 Deputy Chair Sarah Court said, 鈥榦b体育 has appealed this decision because we are concerned that representations were made to First Nations people that ACBF and its funeral plan had Aboriginal ownership and management which, in ob体育鈥檚 view, had the effect of deceiving many Aboriginal consumers into buying the plan鈥�.

The appeal will be heard by the Full Federal Court on a date to be determined.

Background

In its鈥� original proceedings filed in October 2020, ob体育 alleged four misrepresentations by ACBF and involvement in those misrepresentations Youpla Group, that:

  1. ACBF Funeral Plans was owned or managed by an Aboriginal person or persons;
  2. the ACF Plan had Aboriginal community approval;
  3. the ACF Plan was more beneficial to Aboriginal consumers than other funeral insurance products generally available at the time; and
  4. plan holders would receive a lump sum payment of their chosen benefit amount, when in reality they would only be reimbursed for funeral related expenses up to the benefit amount upon production of proof that those expenses had been incurred.

On 5 September 2023, judgment was delivered in which ACBF was found to have made false and misleading representations in relation to the fourth representation only. The judge imposed a $1.2million pecuniary penalty on ACBF (which ob体育 is not to enforce without leave of the Court).

ob体育鈥檚 remaining allegations, including the 鈥榠nvolvement鈥� allegation against Youpla Group, were dismissed.

ob体育 is not appealing the Court鈥檚 findings in relation to the remaining two representations or the Court鈥檚 findings in relation to Youpla Group.

Editor's Note 1:

The matter is next due for a hearing on 19 February 2024.

Editor's Note 2:

ob体育鈥檚 appeal was heard on 19 February 2024 and the decision of the Appeal Court will be heard at a date to be fixed.