Batterham v Batterham - [1993] 1 NZLR 742

Matrimonial property — Separate property — Husband and wife married in 1968 and separated in 1985 - Husband commenced work as a commercial fisherman in 1980 - Husband acquired individual transferable quota in 1986 after parties' separation — Husband acquired fishing vessel during marriage and after separation spent $30,000 on it in deferred maintenance — Quota held to be matrimonial property by Family Court — Discretion to value quota and vessel at date of separation exercised — Whether quota matrimonial property — Whether issue of quota was based on husband's fishing history during marriage — Whether discretion to value quota and vessel at date of separation justified — Matrimonial Property Act 1976, ss 2(2), 8(e) and (f), and 9(4).