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 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.