ABSTRACT

B(1) On granting a decree of divorce, a decree of nullity of marriage or a decree of judicial separation, the court may make

(a) an order that a party to the marriage shall transfer to the other party, to a child of the family or to any other person specified in the order for the benefit of that child the property so specified in the order, being property to which the party ordered to make the transfer is entitled either in possession or reversion;

being property to which a party to the marriage is entitled either in possession or reversion, be made to the satisfaction of the court for the benefit of the other party to the marriage and of the children of the family or either or any of them;

(c) an order varying, for the benefit of the parties to the marriage and of the children of the marriage or either or any of them, any ante-nuptial or post-nuptial settlement, including a settlement made by will or codicil, made on the parties to the marriage;

(d) an order extinguishing or reducing the interest of either of the parties to the marriage under a settlement.