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Recovering Misdirected Money from Banks: Ministerial Receipt at Law and in Equity
| Content Provider | Scilit |
|---|---|
| Author | Bryan, Michael |
| Copyright Year | 2020 |
| Description | In 1917 one MS Taylor, a Canadian serving as an officer in the Royal Naval Air Service, provided the necessary authority for his pay of £20 a month to be paid directly into his current account held at the High Holborn branch of the National Provincial Bank. In March 1918 he transferred to the newly formed Royal Air Force and was killed in July 1918. This tale of the death of a pioneer air force pilot followed by bureaucratic muddle contains within its brief compass the issues discussed in this paper, although the judgment touches only lightly upon some of them. Claims against banks in restitution can be brought at common law or in equity. It is sometimes argued that the meaning of receipt in equity differs from its common law signification. A bank acts as its customer's agent not only in paying out money but also in receiving it and crediting it to the customer's account. Book Name: Restitution and Banking Law |
| Related Links | https://api.taylorfrancis.com/content/chapters/edit/download?identifierName=doi&identifierValue=10.4324/9781003122609-10&type=chapterpdf |
| Ending Page | 188 |
| Page Count | 28 |
| Starting Page | 161 |
| DOI | 10.4324/9781003122609-10 |
| Language | English |
| Publisher | Informa UK Limited |
| Publisher Date | 2020-10-28 |
| Access Restriction | Open |
| Subject Keyword | Book Name: Restitution and Banking Law Cultural Studies Receipt Law Or in Equity Account Common Law |
| Content Type | Text |
| Resource Type | Chapter |
