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Difference between revisions of "Dividing Property and Debt in Family Law Matters"

From Clicklaw Wikibooks
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===The Effect of a Valid Agreement===
===The Effect of a Valid Agreement===


When spouses have an agreement about the division of property and debt, s. 94(2) says that the court cannot make an order about the division of family property, excluded property or family debt, unless the parts of the agreement that deal with property and debt are set aside by a court order.
When spouses have an agreement about the division of property and debt, s. 94(2) of the ''Family Law Act'' says that the court cannot make an order about the division of family property, excluded property or family debt, unless the parts of the agreement that deal with property and debt are set aside by a court order. This gives agreements on the division of property and debt a lot more resilience to later challenge in court than was available to agreements under the old ''Family Relations Act''.


===Making a Valid Agreement===
===Making a Valid Agreement===