30 Apr 2018
WINDERS v WINDERS [2018] NZHC 860
- Citation
- [2018] NZHC 860
- Court
- High Court
The High Court allowed the appeal because the statutory threshold for setting aside the s 21 agreement was not met: the parties clearly intended Ngake Street to remain separate property, there was no procedural unfairness, mere disparity of outcome and passive capital gain do not constitute 'serious injustice', and therefore the Family Court erred in setting aside the agreement; the s 21 agreement is reinstated and sale proceeds are to be dealt with according to its terms with s 18B adjustments unaffected.