# The Bank Insolvency (No. 2) Rules (Northern Ireland) 2009, Article 112: Power of court to set aside certain transactions

Extent: N.I.

(1) Apply rule 4.157 of the 1991 Rules.
(2) In paragraph (2)—
(a) delete “either”;
(b) delete “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.”.

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Source: https://www.legislation.gov.uk/nisr/2009/122/article/112 (the official version)
Page: https://openlegislation.uk/bank-insolvency-no-2-rules-northern-ireland-2009/article-112
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.