Fraudulent investments with money of husband

(1) If any investment in any such deposit or annuity as aforesaid, or in any of the public stocks or funds, or in any other stocks or funds transferable as aforesaid, or in any share, stock, debenture or debenture stock of any corporation, company, or other public body, municipal or otherwise, or in any share, debenture, benefit, right or claim whatever in, to or upon the funds of any industrial, provident, friendly, benefit, building or loan society, has been made by a married woman by means of moneys of her husband, without his consent, the court may, upon the application under section 16, order such investment, and the dividends thereof, or any part thereof, to be transferred and paid respectively to the husband. (2) Nothing in this Act shall give validity as against creditors of the husband, to any gift by a husband to his wife of any property which, after such gift, continues to be in the order and disposition or reputed ownership of the husband, or to 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 moneys so deposited or invested may be followed as if this Act had not been passed.