Section 2G — Property (Relationships) Act 1976: Date at which value of property to be determined
Text of the provision Official document
2G Date at which value of property to be determined (1) For the purposes of this Act, the value of any property to which an application under this Act relates is to be determined as at the date of the hearing of that application by the Court of first instance. (2) However, the Court of first instance or, on an appeal the High Court, Court of Appeal, or Supreme Court may, in its discretion, decide that the value of the property is to be determined as at another date. (3) This section is subject to Part 6 . Sections 2A to 2H and the heading preceding section 3 were inserted, as from 1 February 2002, by section 8 Property (Relationships) Amendment Act 2001 (2001 No 5). See Part 9 of this Act as to the transitional and saving provisions. Subsection (2) was amended, as from 1 January 2004, by section 48(1) Supreme Court Act 2003 (2003 No 53) by substituting the words “ the High Court, Court of Appeal, or Supreme Court ” for the words “ under section 39, the High Court or the Court of Appeal or the Privy Council ” . See sections 50 to 55 of that Act for the transitional and savings provisions.
Official source: legislation.govt.nz
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