Section 271(4)

In determining for the purposes of this section what constitutes a reasonable prospect that a debtor will be able to pay a debt when it falls due, it is to be assumed that the prospect given by the facts and other matters known to the creditor at the time he entered into the transaction resulting in the debt was a reasonable prospect.

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Source: legislation.gov.uk · retrieved 2026-09-04 · Text as consolidated on 2026-07-16; changes after this date are not shown.