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Insolvency Act 1986

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Changes over time for: Section A30

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Point in time view as at 01/10/2021.

Changes to legislation:

Insolvency Act 1986, Section A30 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. Help about Changes to Legislation

[F1A30Restrictions on disposal of hire-purchase propertyU.K.

(1)During a moratorium, the company may dispose of any goods in the possession of the company under a hire-purchase agreement only if the disposal is in accordance with —

(a)section A32(1), or

(b)the terms of the agreement.

(2)If the company disposes of goods in the possession of the company under a hire-purchase agreement otherwise than as authorised by subsection (1)—

(a)the company commits an offence, and

(b)any officer of the company who without reasonable excuse authorised or permitted the disposal commits an offence.]

Textual Amendments

Modifications etc. (not altering text)

C1Ss. A29-A32 excluded by S.I. 2015/912, reg. 37(12A)(d) (as inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 55(4) (with ss. 2(2), 5(2)))

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