Insolvency Act 1986

434 Crown application. E+W+S

For the avoidance of doubt it is hereby declared that provisions of this Act which derive from the M1 Insolvency Act 1985 [F1 and Part A1] [F2 and sections 233A and 233B and Schedule 4ZZA] bind the Crown so far as affecting or relating to the following matters, namely—

(a) remedies against, or against the property of, companies or individuals;

(b) priorities of debts;

(c) transactions at an undervalue or preferences;

(d) voluntary arrangements approved under Part I or Part VIII, and

(e) discharge from bankruptcy.

Textual Amendments

F1 Words in s. 434 inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 29 (with ss. 2(2), 5(2))

F2 Words in s. 434 inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), ss. 14(2), 49(1) (with ss. 2(2), 5(2), 14(4))

Modifications etc. (not altering text)

C1 S. 434 applied with modifications by S.I. 1986/1999, art. 3, Sch. 1 Pt. II

C2 S. 434 applied by Company Directors Disqualification Act 1986 (c. 46, SIF 27), ss. 21(2), 25

C3 S. 434 applied (with modifications) (1.12.1997) by 1986 c. 53, Sch. 15A para. 1(2) (as inserted by 1997 c. 32, s. 39(2), Sch. 6); S.I. 1997/2668, art. 2, Sch. Pt. I(i)

Marginal Citations

M1 1985 c. 65.