# Insolvency Act 1986, Section 246ZD: Power to assign

Extent: E+W+S

(1) This section applies in the case of a company where—
(a) the company enters administration, or
(b) the company goes into liquidation;
and “the office-holder” means the administrator or the liquidator, as the case may be.
(2) The office-holder may assign a right of action (including the proceeds of an action) arising under or by virtue of any of the following—
(za) section A43 (challenges to monitor remuneration in subsequent insolvency proceedings);
(a) section 213 or 246ZA (fraudulent trading);
(b) section 214 or 246ZB (wrongful trading);
(c) section 238 (transactions at an undervalue (England and Wales));
(d) section 239 (preferences (England and Wales));
(e) section 242 (gratuitous alienations (Scotland));
(f) section 243 (unfair preferences (Scotland));
(g) section 244 (extortionate credit transactions).

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/246ZD (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-246ZD
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.