Christmas exploration

... of Sections 33V & 33ZF explored from the Judgement 8 December 2014
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1. Pursuant to sections 33V and 33ZF of the Federal Court of Australia Act 1976 (Cth) (the Act),
the Court approves the settlement of the proceedings against the first and second respondents
(KPMG Parties) on the terms:

SECT 33V
Settlement and discontinuance--representative proceeding
(1) A representative proceeding may not be settled or discontinued without the approval of the Court.
(2) If the Court gives such an approval, it may make such orders as are just with respect to the
distribution of any money paid under a settlement or paid into the Court.

SECT 33ZF
General power of Court to make orders
(1) In any proceeding (including an appeal) conducted under this Part, the Court may, of its own motion or on application by a party or a group member, make any order the Court thinks appropriate or necessary to ensure that justice is done in the proceeding.
(2)Subsection (1) does not limit the operation of section 22.

SECT 22
Determination of matter completely and finally
The Court shall, in every matter before the Court, grant, either absolutely or on such terms and conditions as the Court thinks just, all remedies to which any of the parties appears to be entitled in respect of a legal or equitable claim properly brought forward by him or her in the matter, so that, as far as possible, all matters in controversy between the parties may be completely and finally determined and all multiplicity of proceedings concerning any of those matters avoided.
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Me thinks that in all the preceding exercises on this Forum, my English has improved
to the point to fully understand from the above that PIF was roasted like a Christmas Turkey!

Forthcoming February Musings may add some porky cracklings.
Watch out for special mention of "Rent-a-Crowd" absences
that would promote PIF's utmost disgust, indignation, rage, revolt
and outright fury at the terms of KPMG "settlement offer".

Regards,