South Australian Consolidated Acts South Australian Consolidated Acts12—When gift is deemed to be made
(1) A
disposition of property made or taking effect in pursuance of or in
performance or satisfaction, whether wholly or in part, of a
voluntary contract shall, for the purposes of this Act, be deemed to be a gift
when and so far as the disposition has affected the property or any of the
property to which the contract or agreement relates.
(2) For the purposes
of this Act, a gift shall be deemed to be made after the commencement of this
Act if the disposition of property comprised in the gift is made or takes
effect after the commencement of this Act, notwithstanding that a contract or
agreement or instrument of title which relates to the property or any part
thereof was made or executed before the commencement of this Act.
(3) Nothing in the
foregoing provisions of this section shall be construed
as limiting the meaning of the expression "gift made after the commencement of
this Act" in any other provision of this Act, in any case where the gift is in
fact made after the commencement of this Act.