The following Local Government Q&A provides comprehensive and up to date legal information covering:
Section 283 of the Insolvency Act 1986 (IA 1986) exempts certain assets from falling within the bankruptcy estate. There is a specific exclusion for certain kinds of statutory tenancies unless the trustee in bankruptcy serves notice to claim them as is required by IA 1986, s 308A. Those tenancies include:
a tenancy which is an assured tenancy or an assured agricultural occupancy, within the meaning of Part I of the Housing Act 1988 (HA 1988), and the terms of which inhibit an assignment as mentioned in section 127(5) of the Rent Act 1977 (RA 1977)
a protected tenancy, within the meaning of RA 1977 in respect of which, by virtue of any provision of RA 1977, Pt IX, no premium can lawfully be required as a
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