Section 86(5)

Where the proprietor of a registered estate or charge is made bankrupt, the title of his trustee in bankruptcy is void as against a person to whom a registrable disposition of the estate or charge is made if— the disposition is made for valuable consideration, the person to whom the disposition is made acts in good faith, and at the time of the disposition— no notice or restriction is entered under this section in relation to the registered estate or charge, and the person to whom the disposition is made has no notice of the bankruptcy application or petition or the adjudication.

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Source: legislation.gov.uk · retrieved 2026-08-15