South Australian Consolidated Acts South Australian Consolidated Acts16—Value of the gift where consideration is not adequate
Where any disposition of property is made and consideration in money or
money's worth passes from the person to whom the disposition is made to the
person by whom it is made but the disposition constitutes a gift for the
purposes of this Act by reason of the consideration not being fully adequate,
the value of the gift shall, for the purposes of this Act, be the extent of
that inadequacy.