# Insolvency Act 1986, Section 270: Expedited petition.


In the case of a creditor’s petition presented wholly or partly in respect of a debt which is the subject of a statutory demand under section 268, the petition may be presented before the end of the 3-week period there mentioned if there is a serious possibility that the debtor’s property or the value of any of his property will be significantly diminished during that period and the petition contains a statement to that effect.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/270 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-270
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.