Payment and Settlement Systems (Finality and Netting) Act 2002 s 9
Payment and Settlement Systems (Finality and Netting) Act 2002 s 9
s 9 Disclaimer of property, restriction on dispositions of property, etc.
9. Without limiting section 8 —(a)
sections 230, 231, 373 and 374 of the Insolvency, Restructuring and Dissolution Act 2018 do not apply to a transfer order;
(b)
sections 130(1) and 328 of the Insolvency, Restructuring and Dissolution Act 2018 do not apply to a transfer order or any disposition of property pursuant to the order; and
(c)
a court must not make an order under section 66 of the Insolvency, Restructuring and Dissolution Act 2018 in relation to any disposition of property pursuant to a transfer order.[4/2018; 40/2018]
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