Official Assignee v Prowse - [1994] 1 NZLR 225

Bankruptcy and insolvency — Property of bankrupt — Matrimonial property — Effect of agreement pursuant to s 21 of Matrimonial Property Act — Whether agreement had the effect of defeating creditors — Calculation of protected interest — Effect of Court order in same terms as policy of Act — Observations as to possible reform of legislation in light of changed social considerations — Matrimonial Property Act 1976, ss 9, 10, 20, 21 and 47.