financial obligations on breakdown of marriage

financial obligations on breakdown of marriage
in English family law, the process of distributing a couple's capital and income in a just and equitable way when their marriage ends in divorce. The court has extensive powers to make financial provision for the applicant. Under the Matrimonial Causes Act 1973 and the Matrimonial and Family Proceedings Act 1984, it can make financial provision orders, including maintenance pending suit; periodic payment orders and lump sum orders; property adjustment orders – orders selling property. For Scotland, See financial provision.

Collins dictionary of law. . 2001.

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