Chapter CG22420

Published date12 March 2016
Record NumberCG22420

Where the parties to a divorce or dissolution are unable to reach an agreement between themselves, they are able to apply to the Court to resolve the issues. The Court will decide on the division of the assets and make an order giving effect to its decision.

Where the parties are able to agree on the division of the assets of the marriage or civil partnership they may still approach the Court for an order to give effect to any such agreement. The court order in these cases is called a consent order.

It is sometimes suggested that the agreement between the parties, which precedes a consent order, is a binding contract and so the date of any such agreement is the date of disposal of the assets. However you should not accept this view; it is a view that was rejected by the Privy Council in the non-tax case of de Lasala v de Lasala 1980 AC546 in which Lord Diplock stated,

`Financial arrangements that are agreed upon between the parties for the purpose of receiving the approval...

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