398. Meaning of 'property'.

(ii)     Property Available to the Trustee

398.     Meaning of 'property'.

'Property' includes money, goods, things in action1, land and every description of property wherever situated2 and also obligations and every description of interest, whether present or future or vested or contingent, arising out of, or incidental to, property3. References in the Insolvency Act 19864 to property, in relation to a bankrupt, include references to any power exercisable by him over or in respect of property except in so far as the power is exercisable over or in respect of property not for the time being