"termination agreement" means an agreement between 2 persons, whether or not
there are other parties to the agreement--
(a) that is made in contemplation
of the termination of a domestic relationship existing between them, or after
the termination of such a relationship between them, and
(b) that makes
provision with respect to financial matters, whether or not it also makes
provision with respect to other matters,
(2) An
agreement made in contemplation of the termination of a domestic relationship
is taken to be a domestic relationship agreement if the relationship is not
terminated within 3 months after the agreement was made.
(3) The application
of this Part extends to an agreement made before the re-enactment of this
section by the Property (Relationships) Legislation Amendment Act 1999 .