QLD Clarification of Binding Financial Agreement?

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Numbone

Active Member
8 January 2018
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Can someone clarify what this means in a binding financial agreement?

"The provision of property and/or superannuation to either party pursuant to this agreement is also the provision of maintenance to that party of a value equal to 50% of the value of such property and/or superannuation."

Does this mean a splitting of everything 50/50?

I am getting legal advice but only just received this now and was curious as to this statement.
 

Rod

Lawyer
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27 May 2014
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www.hutchinsonlegal.com.au
My opinion is that it is attempting to limit a spousal maintenance claim by either party.
 
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