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Sender:
Robert Stevens
Date:
Fri, 15 Dec 2000 18:10:49
Re:
Cass (Trustee in Bankruptcy) v. Karpnale?

 

I would have thought that one of the essential features of a gift was donative intent. Certainly the Insolvency Act (s339, s 238) assumes that gifts and payments other than for valuable consideration are not synonymous. If this is incorrect as a matter of law it would be a shame as the law would be strangely out of step with every day language.

 

R

----- Original Message -----
From: Matthew Scully
Sent: Friday, December 15, 2000 5:58 PM
Subject: RE: Re: [RDG:] Cass (Trustee in Bankruptcy) v. Karpnale?

Firstly I left out the word "voluntary" before "disposition of property". Secondly, in the case of a mistaken payment, the mistake vitiates this voluntary element. If a mistaken payment is subsequently ratified (e.g. if I pay X £100 meaning to pay Y, discover my mistake and tell X to keep the money anyway), then the ratification removes this vitiating factor and mistaken payment becomes a gift.


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