Section 245(6)
IA 1986
Insolvency Act 1986 · United Kingdom
For the purposes of subsection (2)(a) the value of any goods or services supplied by way of consideration for a floating charge is the amount in money which at the time they were supplied could reasonably have been expected to be obtained for supplying the goods or services in the ordinary course of business and on the same terms (apart from the consideration) as those on which they were supplied to the company.
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Source: legislation.gov.uk · retrieved 2026-09-04