Division of assets during a divorce
Matrimonial assets
Matrimonial assets are assets acquired during the marriage.
You do not get 50% of the matrimonial assets as of right in Malaysia.
Section 76(4) of the Law Reform (Marriage and Divorce) Act 1976 ('the Act') stated that the party by whose effort the assets were acquired shall receive a greater proportion. Equality of division was therefore not the only purpose and purport of Section 76 of the Act. Equality was provided in Section 76(2). Where Section 76(4) applies, the division cannot be equal.