# The Building Society Insolvency Rules (Northern Ireland) 2014, Rule 113: Power of court to set aside certain transactions


(1) Apply rule 4.157 of the 1991 Rules.
(2) In paragraph (2)—
(a) omit “either”;
(b) omit “or” at the end of sub-paragraph (a); and
(c) after sub-paragraph (b) insert—
“, or
(c) it is shown to the court’s satisfaction that the transaction was entered into by the building society liquidator for the purpose of achieving Objective 1.”.

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Source: https://www.legislation.gov.uk/nisr/2014/41/rule/113 (the official version)
Page: https://openlegislation.uk/building-society-insolvency-rules-northern-ireland-2014/rule-113
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.