# The Bank Insolvency (England and Wales) Rules 2009, Rule 112: Power of court to set aside certain transactions

Extent: E+W

(1) Apply rule 4.149 of the 1986 Rules.
(2) In paragraph (2)—
(a) leave out “either”, and
(b) leave out “or” at the end of sub–paragraph (a), and after sub–paragraph (b) insert—
“, or
(c) it is shown to the court’s satisfaction that the transaction was entered into by the liquidator for the purpose of achieving Objective 1.”.

---
Source: https://www.legislation.gov.uk/uksi/2009/356/rule/112 (the official version)
Page: https://openlegislation.uk/bank-insolvency-england-and-wales-rules-2009/rule-112
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.