344 Avoidance of general assignment of book debts
344 Avoidance of general assignment of book debts

344  Avoidance of general assignment of book debts

(1)     The following applies where a person engaged in any business makes a general assignment to another person of his existing or future book debts, or any class of them, and is subsequently [made] bankrupt.

(2)     The assignment is void against the trustee of the bankrupt's estate as regards book debts which were not paid before the [making of the bankruptcy application or (as the case may be) the] presentation of the bankruptcy petition, unless the assignment has been registered under the Bills of Sale Act 1878.

(3)     For the purposes of subsections

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