19 May 2009
ROSE V ROSE SC 73/2007
- Citation
- ROSE V ROSE SC 73/2007
- Court
- Supreme Court
The Court held that a partner's beneficial interest in partnership assets can be relationship property and that where relationship property was applied to develop vineyards and where the non‑owning spouse's actions (including domestic work and paid employment) indirectly enabled or funded development, the whole of the increase in value falls to be treated as relationship property under s 9A; where increases arise under s 9A(2) parties' shares are determined by their respective contributions to the increase, and on the facts the Court of Appeal's allocations and deductions were justified; acco…