# Insolvency Act 1986, Section 338: Payments in respect of premises occupied by bankrupt.


Where any premises comprised in a bankrupt’s estate are occupied by him (whether by virtue of the preceding section or otherwise) on condition that he makes payments towards satisfying any liability arising under a mortgage of the premises or otherwise towards the outgoings of the premises, the bankrupt does not, by virtue of those payments, acquire any interest in the premises.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/338 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-338
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.