New South Wales Consolidated Acts

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CONVEYANCING ACT 1919 - SECT 37C

Acquisitions of reversions at an under value

37C Acquisitions of reversions at an under value

(1) No acquisition made in good faith, without fraud or unfair dealing, of any reversionary interest in real or personal property for money or money's worth, shall be liable to be opened or set aside merely on the ground of under value.
In this subsection
"reversionary interest" includes an expectancy or possibility.
(2) This section does not affect the jurisdiction of the court to set aside or modify unconscionable bargains.



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