Section 429(4)
IA 1986
Insolvency Act 1986 · United Kingdom
The reference in subsection (3) to a person obtaining credit includes— a case where goods are bailed or hired to him under a hire-purchase agreement or agreed to be sold to him under a conditional sale agreement, and a case where he is paid in advance (whether in money or otherwise) for the supply of goods or services.
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Source: legislation.gov.uk · retrieved 2026-09-04