SCHEDULES

SCHEDULE 15Financial relief in the High Court or a county court etc.: Northern Ireland

Part 13Miscellaneous and supplementary

72Settlement, etc., made in compliance with a property adjustment order may be avoided on bankruptcy of settlor

The fact that—

a

a settlement, or

b

a transfer of property,

had to be made in order to comply with a property adjustment order does not prevent the settlement or transfer from being a transaction in respect of which an order may be made under Article 312 or 313 of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)) (transfers at an undervalue and preferences).