SCHEDULES

SCHEDULE 5E+WFinancial relief in the High Court or a county court etc.

Part 14 E+WMiscellaneous and supplementary

Valid from 05/12/2005

Settlement, etc., made in compliance with a property adjustment order may be avoided on bankruptcy of settlorE+W

77E+WThe 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 section 339 or 340 of the Insolvency Act 1986 (c. 45) (transfers at an undervalue and preferences).