76516 Lecture Notes - Lecture 1: Fide, Family Law Act 1975, Purposive Approach
Document Summary
Property extended to real and personal property, choses in action (eg. shares) Property is the most comprehensive of all terms which can be used in as much as it is indicative and prescriptive of every possible interest which the party can have. Kennon v spry property under fla is broader than under the general law. The widest possible meaning should be attributed to the word property. Shares held by the husband and wife in the proprietary company were considered property within the meaning of the fla. The term resource includes a means of supplying some want or deficiency; a stock or reserve upon which one can draw when necessary (in the marriage of. Must be something not covered by terms property and income (in the marriage of kelly) Aim to set these aside and bring them into the property pool before you begin the next step.
