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Words: 1,300 | Submitted: Wed Jun 18 2008
... that has evolved from previous cases is what is now referred to as the 'erosion principal'2 which was established in Lee Steere and Lee Steere.3 This principal holds that the significance of initial contributions diminish the longer the marriage lasts. However, it is important to note that the Full Court made it clear that these initial contributions were not eroded merely by the passage of time, but by the offsetting contribution of the other spouse during the course of the marriage4 as opposed to the previous belief that with the passage of time adjustment should be made from a 50-50 median.5 Nevertheless, despite this development it still remains clear that differently constituted benches of the Courts have shown significant differences of opinion in their interpretation of the 'principle' and perhaps the relevant legislation as a whole. The differences of interpretation are reflected in wide variations in the results of comparable ...
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