Beruflich Dokumente
Kultur Dokumente
PART I . Preliminary
1. Short title.
2. ~nterpretation.
3. Application of Act.
4. ~ ctothave effect in place ofrules of common law and equity.
5. Courts having jurisdiction.
Agreements
10. Agreements in respect of property.
Division oJProperry
1. This Act may be cited as the Property (Rights of Spouses) short title.
Act.
2 . 4 1 ) In this Act- Inlerpretn-
tion.
"cohabit" means to live together in a conjugal relationship
outside of marriage and "cohabitation" shall be
construed accordingly;
"family home" means the dwelling-house that is wholly
owned by either or both of the spouses and used habit-
ually or from time to time by the spouses as the only
or principal family residence together with any land,
buildings or improvements appurtenant to such
dwelling-house and used wholly or mainly for the
purposes of the household, but shall not include such a
dwelling-house which is a gift to one spouse by a
donor who intended that spouse alone to benefit;
"marriage" includes a void marriage referred to in para-
graphs (a), (b) and (c) of section 4 (1) of the Matri-
monial Causes Act;
"property" means any real or personal property, any estate
or interest in real or personal property, any money,
any negotiable instrument, debt or other chose in
action, or any other right or interest whether in
possession or not to which the spouses or either of
them is entitled;
"relevant child" means a child who is-
(a) a child of both spouses; or
(b) a child of one spouse who is accepted as one
of the family by the other spouse,
and in paragraphs (a) and (b) of this definition "child"
Act to have 4. The provisions of this Act shall have effect in place of the
effeect in
place of rules and presumptions of the common law and of equity to the
rules of extent that they apply to transactions between spouses in respect
mmmon law
and equity. of property and, in cases for which provisions are made by this
Act, between spouses and each of them, and third parties.
PROPERTY (RIGHTS OF SPOUSES) 5
Agreements
its value at the date the Order is made, unless the Court shareof
pmperty.
otherwise decides.
(2) A spouse's share in property shall, subject to section
9, be determined as at the date on which the spouses ceased to
live together as man and wife or to cohabit or if they have not so
ceased, at the date of the application to the Court.
(3) In determining the value of property the spouses shall
agree as to the valuator who shall value the property, or if there
is no agreement, the Court shall appoint a valuator who shall
Time when 13.-(1) A spouse shall be entitled to apply to the Court for a
application
may be
division of property-
made to
Court tbr
(a) on the grant of a decree of dissolution of a marriage or
divisiou of termination of cohabitation; or
property.
(b) on the grant of a decree of nullity of marriage; or
(c) where a husband and wife have separated and there is
no reasonable likelihood of reconciliation; or
(4 where one spouse is endangering the property or
seriously diminishing its value, by gross mismanage-
ment or by wilful or reckless dissipation of property or
earnings.
(2) An application under subsection (1) (a), (b) or (c)
shall be made within twelve months of the dissolution of a
marriage, termination of cohabitation, annulment of marriage, or
separation or such longer period as the Court may allow after
hearing the applicant
(3) For the purposes of subsection (1) (a) and (b) and
section 14 the definition of "spouse" shall include a former
spouse.
Division of 14.--(I) Where under section 13 a spouse applies to the
PmpMY.
Court for a division of property the Court may-
(a) make an order for the division of the family home in
accordance with section 6 or 7, as the case may
require; or
(b) subject to section 17 (2), divide such property, other
than the family home, as it thinks fit, taking into
account the factors specified in subsection (2),
or, where the circumstances so warrant, take action under both
paragraphs (a) and (b).
(c) any other order that has been made under this Act in
respect of a spouse.
16.-(1) Where the Court is satisfied on an application made z;ziTY
by a person affected by an order made under section 15 that the ,d,, .a,
order was obtained by fraud, duress, the giving of false evidence "'2'; ,5,
or the suppression of material facts, the Court may set aside the
order and make another order under subsection (1) of that
section in substitution therefor.
(2) The Court shall, in exercising its power under
subsection (I), have regard to the protection of the interest of a
bona,fide purchaser for value without notice.
ofproperty.
Act, then, on the application of that other person and on such
notice being given as the Court may direct, the Court may act in
accordance with subsection (2).
(2) The Court may-
(a) by order restrain the making of the disposition; or
(b) order that any proceeds, which, at the time of the
hearing of the application may have been paid in
respect of the disposition, be paid into Court to be
dealt with as the Court directs.
(3) Any disposition of property to which subsection (1)
refers which is made after an order has been made under sub-
section (2) shall be void, so, however, that the Court may
consider the claim of any person interested and make such order
as it thinks fit.
(4) The disposition mentioned in subsection (I) is a
disposition of property made whether for value or not, by or on
(2) The Court may, for giving effect to any order under
subsection (I), make such krther order as it thinks fit.
(a) for the sale of property or part thereof and for the
division, vesting or settlement of the proceeds
thereof
(b) for the vesting of property owned by both spouses as
tenants in common in such share as the Court
considers just;
(c) for the vesting of property or part thereof in either
spouse;
(4 for postponing the vesting of any share or part thereof
in the property until such future date contingent on
such future happening as may be specified in the
order;
(e) for the partition or vesting of any property;
V) for vesting property owned by one spouse in both
spouses jointly or as tenants in common in such share
as the Court considers just;
(g) for vesting property owned by both spouses (whether
jointly or as tenants in common) in one spouse;
(h) for the cancellation of any settlement of a family
home held in joint tenancy;
(i) for the payment of a sum of money by one spouse to
the other spouse;
(i) for the transfer of land;
(k) for the transfer of shares, stocks, mortgages, charges,
debentures or other securities or of the title to any
other property;
(I) for the transfer of rights or obligations under any
instrument or contract notwithstanding any term or
condition contained in such instrument or contract;
(m)for varying the terms of any trust or settlement, not
being a trust under a will or other testamentary dis-
position;
PARTV. General