80Notional estate order may be made where estate affected by relevant property transaction

#### 80 Notional estate order may be made where estate affected by relevant property transaction 80 Notional estate order may be made where estate affected by relevant property transaction (cf FPA 23) > > (1) The Court may, on application by an applicant for a family provision order or on its own motion, make a notional estate order designating property specified in the order as notional estate of a deceased person if the Court is satisfied that the deceased person entered into a relevant property transaction before his or her death and that the transaction is a transaction to which this section applies. > > > > Note— > > > > The kinds of transactions that constitute relevant property transactions are set out in sections 75 and 76. > > > (2) This section applies to the following relevant property transactions— > > > > > (a) a transaction that took effect within 3 years before the date of the death of the deceased person and was entered into with the intention, wholly or partly, of denying or limiting provision being made out of the estate of the deceased person for the maintenance, education or advancement in life of any person who is entitled to apply for a family provision order, > > > > > (b) a transaction that took effect within one year before the date of the death of the deceased person and was entered into when the deceased person had a moral obligation to make adequate provision, by will or otherwise, for the proper maintenance, education or advancement in life of any person who is entitled to apply for a family provision order which was substantially greater than any moral obligation of the deceased person to enter into the transaction, > > > > > (c) a transaction that took effect or is to take effect on or after the deceased person’s death. > > > (3) Property may be designated as notional estate by a notional estate order under this section if it is property that is held by, or on trust for— > > > > > (a) a person by whom property became held (whether or not as trustee) as the result of a relevant property transaction, or > > > > > (b) the object of a trust for which property became held on trust as the result of a relevant property transaction, > > > > whether or not the property was the subject of the relevant property transaction. > > **ch 3, pt 3.3, divs 1–3 (ss 74–90):** Ins 2008 No 75, Sch 1 \[10\].