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Section 326(2)

IA 1986
Insolvency Act 1986 · United Kingdom

A permission given for the purposes of subsection (1) shall not be a general permission but shall relate to a particular proposed exercise of the power in question; and a person dealing with the trustee in good faith and for value is not to be concerned to enquire whether any permission required by subsection (1) has been given.

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Source: legislation.gov.uk · retrieved 2026-09-04