# Insolvency Act 1986, Section 164: Corrupt inducement affecting appointment.


A person who gives, or agrees or offers to give, to any member or creditor of a company any valuable consideration with a view to securing his own appointment or nomination, or to securing or preventing the appointment or nomination of some person other than himself, as the company’s liquidator is liable to a fine.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/164 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-164
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.