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→2. Family Law Act [FLA]
Section 85 (1) of the FLA reads as follows:
<blockquote><tt>
The following is excluded from family property:
Any increases in the value of the excluded property that occur during the relationship are considered family property and are not excluded from division. The spouse claiming that the property in question qualifies as excluded property is responsible for demonstrating that it fits the definition under s 85(1) ([http://canlii.ca/t/g0d8k ''Bressette v Henderson'', 2013 BCSC 1661]).
Family property is defined at s 84(1):
<blockquote><tt>''(a) on the date the spouses separate,''* ''(i) property that is owned by at least one spouse, or''* ''(ii) a beneficial interest of at least one spouse in property;''''(b) after separation,''* ''(i) property acquired by at least one spouse if the property is derived from property referred to in paragraph (a) (i) or from a beneficial interest referred to in paragraph (a) (ii), or from the disposition of either, or''* ''(ii) a beneficial interest acquired by at least one spouse in property if the beneficial interest is derived from property referred to in paragraph (a) (i) or from a beneficial interest referred to in paragraph (a) (ii), or from the disposition of either.''</tt></blockquote>
== C. Types of Assets ==