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Article 6 Setting aside a demand

Original text. Later amendments are not shown.

(1)

The court must order the demand to be set aside if—

(a)

the individual appears to have a counterclaim or set-off which equals or exceeds the amount of the debt or debts specified in the demand;

(b)

the debt is disputed on grounds which appear to the court to be substantial;

(c)

it appears that the creditor holds some security in respect of the debt claimed by the demand and the court is satisfied that the value of the security equals or exceeds the full amount of the debt; or

(d)

the court is satisfied, on other grounds, that the demand ought to be set aside.

(2)

The decision of the court on such an application is final.