Rule 56 Power of court to set aside certain transactionsI1
Scotland
(1)
Apply rule 4.38 of the 1986 Rules.
(2)
In rule 4.38(2) of that Rule—
(a)
leave out “either”;
(b)
leave out “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.”.
Annotations
Commencement
- I1
Rule 56 in force at 15.11.2010, see rule 1