Section 164
IA 1986
Insolvency Act 1986 · United Kingdom
A person who gives, or agrees or offers to give, to any member or creditor of a company any valuable consideration with a view to securing his own appointment or nomination, or to securing or preventing the appointment or nomination of some person other than himself, as the company’s liquidator is liable to a fine.
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Source: legislation.gov.uk · retrieved 2026-09-04