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The Court of Appeal's first engagement with Schedule 1 to the Children Act 1989 endorses, qualifies and amplifies earlier High Court authority, and suggests a method for applying the statute where the parties are affluent to fabulously rich. This article critically examines the court's reasoning and argues that, while the court's general guidance is welcome, the decision may have left the law on capital provision for children in some disarray, and that some aspects of the court's reasoning are difficult to defend.
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