Scottish Financial Provisions Flashcards
Which jurisdiction favours a clean break principle?
Scotland
In which case does Lord Hope state that, ‘the rules are clear in what the court must do in order to divide up estates’?
Little v. Little 1990
What must there be for a marriage or civil partnership to end?
Divorce Action
Action for the dissolution of a civil partnership
What must there be for a marriage or civil partnership to end?
Divorce Action
Action for the dissolution of a civil partnership
Under which act are financial divisions dealt with?
Family Law (Scotland) Act 1985
What else can be taken into account in relation to the resources of each party?
Other family wealth and trust funds
Is there a hierarchy to the Section 9 Principles?
Yes
If one spouse has given up work, what can their partner be said to have done as a result?
Benefitted
Do children of the couple have to be biological?
No, it includes children the couple have come to accept as their own
Under which act are financial divisions dealt with?
Family Law (Scotland) Act 1985
Do children of the couple have to be biological?
No, it includes children the couple have come to accept as their own
Where can the definition of what marital property be found?
S.10(4) Family Law (Scotland) Act 1985
What is the relevant date?
Cut off time for determining what is or is not matrimonial property
Where can the relevant date be found in the statute book?
S.10(3) Family Law (Scotland) Act 1985
Where can the relevant date be found in the statute book?
S.10(3) Family Law (Scotland) Act 1985
In what case was it determined that a ‘substantial change’ qualify as the relevant date?
Banks v. Banks 2005
In what case was the award of a personal injury claim prior to the relevant date of cohabitation ceasing, still awarded to the wife?
Skarpas v. Skarpass 1993
In what cases was the husbands alcoholism and recklessness with his finances grounds for the judge to bring the division of a PI claim back up to 50%?
Skarpass v. Skarpass 1993
In what case was the remarrying of the couple grounds for the marital home from the first marriage to become the sole property of the husband following the second divorce?
Mitchell v. Mitchell 1995
Does it matter who bought an item during the marriage for it to become marital property?
No
Are matrimonial and joint property the same thing?
No
Does what the land registration certificate say make a difference in the division of assets?
No
Are gifts from a 3rd party marital property?
No, unless that gift converts to a new form of asset. E.g. money to property
In what case was the wife’s family’s money used to purchase a house and it was determined the house was martial property?
Latter v. Latter 1990
In what case were shares acquired by the husband prior to the marriage not matrimonial property?
Latter v. Latter 1990
In what case was the companies reorganisation not fundamental enough to change the nature of shares?
Whittome v. Whitome (no1) 1994
Under which act are financial divisions dealt with?
Family Law (Scotland) Act 1985
In what case was the companies reorganisation not fundamental enough to change the nature of shares?
Whittome v. Whitome (no1) 1994
When is the value of the marital assets taken from?
Prior to the relevant date
In which case was it decided that an increase in value after the relevant date is not matrimonial property?
Wallis v. Wallis 1992
Which act changed the relevant date to an appropriate date?
Family Law (Scotland) Act 2006 S.16
In which case was it determined the actual selling price was the one to be used when transferring a share to another spouse?
Smith v. Smith 2009
Which act makes it clear that pensions are to be included in matrimonial property?
Family Law (Scotland) Act 1985 S.10(5)
Which act makes it clear that pensions are to be included in matrimonial property?
Family Law (Scotland) Act 1985 S.10(5)
What is the pensions formula?
Cash Equivalent Transfer Value * Years in the Scheme while married/ Total years in the scheme
Does the pension itself have to be paid to another spouse or can other assets be used?
Other assets can be used providing the spouses share is paid.