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Insolvency Act 1986

The Act sets out company voluntary arrangements, administration, receivership, winding up and the personal insolvency regime, together with the liabilities of directors for wrongful and fraudulent trading. It determines the order in which creditors are paid when a business fails.

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Reference

Reference
1986 c. 45
In force
1986-12-29
Area
Company, accounts and insolvency
Supervision
The Insolvency Service
Publisher
legislation.gov.uk
Checked
2026-09-10

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