s.8Fraudulent investments with money of husband
8
Section 8Part 0

Fraudulent investments with money of husband

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If any investment in any such deposit or annuity, or in any of the public stocks or funds of Great Britain or the Islands, or in any other stocks or funds transferable, or in any debenture issued under any law of the Islands, or in any share, stock, debenture or debenture stock, of any corporation, company or public body, municipal, commercial or otherwise, or in any share, debenture, benefit, right or claim, whatsoever in, to or upon the funds of any industrial, provident, friendly, building or loan society, shall have been made by a married woman by means of moneys of her husband, without his consent, the Court may, upon an application under section 13, order such investment, and the dividends thereof, or any part thereof to be transferred and paid respectively to the husband, and nothing in this Law shall give validity, as against creditors of the husband, to any gift by a husband to his wife of any property which, after such gift, shall continue to be in the order and disposition or reputed ownership of the husband, or to any deposit or other investment of moneys of the husband made by or in the name of his wife in fraud of his creditors, but any moneys so deposited or invested may be followed as if this Law had not passed.

Defined Terms

fraudulent investmentreputed ownership

Cross References