Clause 15
Child Maintenance and Other Payments
11:15 am
Mark Harper (Shadow Minister, Work & Pensions; Forest of Dean, Conservative)
It is not the case that an asset transfer is a one-off event? With a significant transfer in assets, there is an ongoing income stream or a non-expense stream of payments that have been avoided. It is an ongoing thing. No professional adviser in this country would advise somebody to make a capital payment if somebody can then come after them for income. No one is going to advise that because it would be a failure of their professional duties.