What is the purpose of a statutory declaration?

The purpose of a statutory declaration is to serve as a legal document in which an individual formally declares that certain information is true to the best of their knowledge. It is often used in various legal proceedings and transactions where there is a need for verification of facts or statements. Essentially, a statutory declaration is a way of evidencing honesty and integrity in situations where it may be necessary for legal or official purposes.

This document is typically made under oath or affirmation, thereby providing it with a level of legal credibility. It can be used in contexts such as providing evidence in court, confirming identity, or declaring any important facts relevant to legal obligations. The use of a statutory declaration helps to prevent fraud and ensure that the information presented is accurate and reliable within the legal framework.

Other options do not accurately capture the essence of a statutory declaration. For instance, a written statement of a person's opinion lacks the legal standing and formal affirmation inherent in a statutory declaration. Similarly, requesting a formal review of a court decision pertains to legal procedures rather than the declaration of facts, and a form of insurance against legal claims does not relate to the purpose of a statutory declaration, as it does not provide protection in the legal sense.