434 Crown application

434  Crown application

For the avoidance of doubt it is hereby declared that provisions of this Act which derive from the Insolvency Act 1985 [and Part A1] [and sections 233A and 233B and Schedule 4ZZA] bind the Crown so far as affecting or relating to the following matters, namely—

(a)     remedies against, or against the property of, companies or individuals;

(b)     priorities of debts;

(c)     transactions at an undervalue or preferences;

(d)     voluntary arrangements approved under Part I or Part VIII, and

(e)     discharge from bankruptcy.

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