It is not necessary that the asset splits equally. The principles governing this jointly acquired properties are set out in S.76(2) of Law Reform (Marriage & Divorce) Act 1976: the extent of contributions made by each party in money, property or work towards acquiring the assets  any debts owing by either party which were contracted for their joint benefit needs of the minor children, if any, of the marriage The Court will decide the proportion of the asset division after assessing the above principles on case by case basis.