Binding Financial Agreement (BFA / Section 90C / 90D)
A Binding Financial Agreement is a private contract made under the Family Law Act ss 90C/90D (married) or 90UC/90UD (de facto). Settles property and/or spousal maintenance without going near a court. Useful if you want privacy or speed — but the formal requirements are strict and a defective BFA can be set aside.
Official source
fcfcoa.gov.auRelated topics
binding financial agreementbfasection 90csection 90dprivate settlementindependent legal advicefamily lawproperty settlement agreementspousal maintenance contractde facto financial agreementfamily law settlementavoid court divorceprivate property splitmarriage separation agreementfinancial settlement without courtsection 90ucsection 90udfamily dispute resolutionproperty settlementconsent orders
Related forms
- Property Settlement by Consent Orders — Form 11Form 11 — Application for Consent Orders
- Superannuation Splitting — Splitting Order or Splitting Agreement
- Stamp Duty / Transfer Duty Exemption for Family Law Transfer
- Document Your Separation Date — Day-One Checklist
- Centrelink Separation Notification — Form SS293SS293
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