Joint Account in UK Law

Leading Cases
  • Flightline Ltd v Edwards and another
    • Chancery Division
    • 02 Agosto 2002

    There is therefore obviously substantial room for argument that the fact that the money is to be effectively controlled by the Court means that the Court should regard it in the same way as it would regard assets frozen by the freezing order, particularly as the money was paid into the joint account effectively in substitution for, or to discharge, the freezing order.

  • Stack v Dowden
    • House of Lords
    • 25 Abril 2007

    The law has indeed moved on in response to changing social and economic conditions. The search is to ascertain the parties' shared intentions, actual, inferred or imputed, with respect to the property in the light of their whole course of conduct in relation to it.

    These include: any advice or discussions at the time of the transfer which cast light upon their intentions then; the reasons why the home was acquired in their joint names; the reasons why (if it be the case) the survivor was authorised to give a receipt for the capital moneys; the purpose for which the home was acquired; the nature of the parties' relationship; whether they had children for whom they both had responsibility to provide a home; how the purchase was financed, both initially and subsequently; how the parties arranged their finances, whether separately or together or a bit of both; how they discharged the outgoings on the property and their other household expenses.

  • Oxley v Hiscock
    • Court of Appeal (Civil Division)
    • 06 Mayo 2004

    But, in a case where there is no evidence of any discussion between them as to the amount of the share which each was to have – and even in a case where the evidence is that there was no discussion on that point – the question still requires an answer. It must now be accepted that (at least in this Court and below) the answer is that each is entitled to that share which the court considers fair having regard to the whole course of dealing between them in relation to the property.

  • Gissing v Gissing
    • House of Lords
    • 07 Julio 1970

    A resulting, implied or constructive trust—and it is unnecessary for present purposes to distinguish between these three classes of trust—is created by a transaction between the trustee and the cestui qui trust in connection with the acquisition by the trustee of a legal estate in land, whenever the trustee has so conducted himself that it would be inequitable to allow him to deny to the cestui qui trust a beneficial interest in the land acquired.

  • Heseltine v Heseltine
    • Court of Appeal (Civil Division)
    • 30 Noviembre 1970

    In some cases where husband and wife each contribute to a joint account, the proper inference is that they are putting their moneys into the account with the intention that they should belong to them both jointly. But there are other cases where one party provides all the money in the joint account, and it is only opened and used as a matter of convenience of administration. In such cases, if the marriage breaks down, the moneys belong to the one who provided them.

  • Grant v Edwards and Another
    • Court of Appeal (Civil Division)
    • 24 Marzo 1986

    This requires two matters to be demonstrated: (a) That there was a common intention that both should have a beneficial interest; AND (b) That the claimant has acted to his or her detriment on the basis of that common intention.

See all results
Legislation
  • Building Societies (Joint Account Holders) Act 1995
    • UK Non-devolved
    • 1 de Enero de 1995
  • Renting Homes (Wales) Act 2016
    • Wales
    • 1 de Enero de 2016
    ... ... (b) section 52 (joint contract-holder ceasing to be a party to the occupation contract), ... (c) ... decision to extend the relevant period, the landlord may take into account?- ... (a) the conduct of the tenant or licensee (or, if there is more than ... ...
  • Finance (No. 2) Act 2015
    • UK Non-devolved
    • 1 de Enero de 2015
    ... ... ) An amount equal to 10% of the relevant sum is to be brought into account as a receipt in calculating the profits of the trade.(3) The amount is ... held by the person with the deposit-taker,(b) in relation to any joint account held by the person with the deposit-taker, prescribed information ... ...
  • The Insolvency (England and Wales) Rules 2016
    • UK Non-devolved
    • 1 de Enero de 2016
    ... ... interest on sums which have been paid into the Insolvency Services Account under regulations made by virtue of this sub-paragraph;(g) the amount (or ... Where there are joint office-holders in insolvency proceedings, delivery of a document to one of ... ...
See all results
Books & Journal Articles
  • Who Benefits from Training and R&D, the Firm or the Workers?
    • No. 44-3, September 2006
    • British Journal of Industrial Relations
    The present paper offers a novel study of the effects of intangible assets on wages and productivity. Training, R&D and physical capital are all taken into account, and their joint effects are exam...
    ... ... T raining, R&D and physical capital ar e all taken into account, and their joint effects are examined. W e use panels of firms in order ... ...
  • Countering cross‐border VAT fraud: the Bulgarian experience
    • No. 14-4, October 2007
    • Journal of Financial Crime
    • 490-501
    Purpose: The paper sets out to study value added tax's (VAT's) exposure to missing‐trader or carousel fraud and possible countermeasures, their costs and benefits. Design/methodology/approach: It ...
    ... ... of Bulgaria, it discusses the costs and benefits ofthe principle of joint liability and of the VAT account, the latter being tried so far only in ... ...
  • The effects of own- and other-prior entry modes in the internationalization of Japanese multinational companies in the electronic sector
    • No. 8-1, December 2013
    • Journal of Asia Business Studies
    • 18-28
    Purpose: – This paper goes above and beyond the prior research on entry mode by considering the organizational approach and examines entry mode selection between wholly-owned subsidiaries and joint...
    ... ... between wholly-owned subsidiaries andjoint venture by taking into account the existence of different types of joint ventures. In this way, thispaper ... ...
  • Confidence Bands for Impulse Responses: Bonferroni vs. Wald
    • No. 77-6, December 2015
    • Oxford Bulletin of Economics and Statistics
    In impulse response analysis estimation uncertainty is typically displayed by constructing bands around estimated impulse response functions. If they are based on the joint asymptotic distribution ...
    ... ... If they are based on the joint asymp- totic distribution possibly constructed with bootstrap methods in a ... of the impulse response coefficient estimators is taken into account and mapped into the band, it is shown that such a band is typically rather ... ...
See all results
Forms
  • Apply for an administration order
    • HM Courts & Tribunals Service court and tribunal forms
    County Court forms including the N1 money claim form.
    ... ... Bank/Building society accounts and savings ... I have a current account ... The account is ... in credit by ... The account is ... overdrawn by ... part of this debt give details (eg. guarantor, ... joint account etc.) ... Amount outstanding ... List of creditors - continued ... ...
  • Give a record of evidence (individual debtor)
    • HM Courts & Tribunals Service court and tribunal forms
    County Court forms including the N1 money claim form.
    ... ... Is your pay paid ... direct to bank or building society account? ... If direct to bank or building ... society account what is ... the ... Your own property ... Are you the sole owner? ... If No, name joint owner(s) ... Do you own the ... When did you ... leasehold? ... Is your ... ...
  • Annex E - Financial circumstances
    • HM Courts & Tribunals Service court and tribunal forms
    Family forms including the form to apply for a non-molestation order or an occupation order (Form FL401).
    ... ... Ownership: □ self   □ joint ( s pecif y ): ... 2. (location a nd / or ... (location and description) ... 11. Bank account(s) ... 12. (insti t uti o n(s) and account n u m ber(s)) ... ...
  • Form COP44A
    • HM Courts & Tribunals Service court and tribunal forms
    Court of Protection forms including the COP1 application to make decisions on someone's behalf.
    ... ... • money in ISAs and any other savings account ... • joint savings accounts that are shared with a partner ... • ... ...
See all results

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT