Married Women's Status Act, 1957

Gifts in fraud of creditors.

18.—(1) Nothing in this Act shall be construed as validating, as against creditors of the husband, any gift, by a husband to his wife, of any property which, after such gift, continues to be in the order or disposition or reputed ownership of the husband or any deposit or other investment of moneys of the husband made by or in the name of his wife in fraud of his creditors, and any such moneys so deposited or invested may be followed as if this Act had not been passed.

(2) Nothing in this Act shall be construed as validating, as against creditors of the wife, any gift, by a wife to her husband, of any property which, after such gift, continues to be in the order or disposition or reputed ownership of the wife or any deposit or other investment of moneys of the wife made by or in the name of her husband in fraud of her creditors, and any such moneys so deposited or invested may be followed as if this Act had not been passed.