Version Superseded: 08/07/2021
Point in time view as at 17/03/2011. This version of this provision has been superseded.
Insolvency Act 1986, Section 80 is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
The liability of a contributory creates a debt (in England and Wales in the nature of [F1an ordinary contract debt]) accruing due from him at the time when his liability commenced, but payable at the times when calls are made for enforcing the liability.
Textual Amendments
F1Words in s. 80 substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), arts. 2(1), 8, Sch. 1 para. 75(9) (with art. 10, Sch. 1 para. 84)
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