SCHEDULES

SCHEDULE 15 N.I.Financial relief in the High Court or a county court etc.: Northern Ireland

Modifications etc. (not altering text)

C1 Sch. 15: functions transferred (12.4.2010) by The Northern Ireland Act 1998 (Devolution of Policing and Justice Functions) Order 2010 (S.I. 2010/976), art. 15(1), Sch. 17 para. 21(b) (with arts. 15(6), 28-31)

Part 13 N.I.Miscellaneous and supplementary

Prospective

Avoidance of transactions intended to prevent or reduce financial relief N.I.

69 (1) An order under paragraph 67(2), to the extent that it restrains B from making a disposition of any land in Northern Ireland which is specified in the order— N.I.

(a) creates on the land a statutory charge, and

(b) subject to section 88 of the 1970 Act (statutory charge to be void against purchaser in certain circumstances), renders liable to be set aside by the court at the instance of A any disposition of the land in contravention of the order.

(2) In this paragraph and paragraph 70—

• “disposition” has the same meaning as in paragraphs 67 and 68;

• “1970 Act” means the Land Registration Act (Northern Ireland) 1970 (c. 18 (N.I.));

• “statutory charge” has the same meaning as in the 1970 Act.

(3) Nothing in sub-paragraph (1)(b) or section 88(1) of the 1970 Act affects any power of the court to set aside a disposition under paragraph 67(3) or (4).