Section 423(5)
IA 1986
Insolvency Act 1986 · United Kingdom
In relation to a transaction at an undervalue, references here and below to a victim of the transaction are to a person who is, or is capable of being, prejudiced by it; and in the following two sections the person entering into the transaction is referred to as “the debtor”.
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Source: legislation.gov.uk · retrieved 2026-09-04