# Insolvency Act 1986, Paragraph 12


Transactions entered into before the appointed day have effect on and after that day as if references to acts of bankruptcy in the provisions for giving effect to those transactions continued to be references to acts of bankruptcy within the meaning of the Bankruptcy Act 1914, but as if such acts included failure to comply with a statutory demand served under section 268 of this Act.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/11/paragraph/12 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-11/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.