Fraudulent Dispositions Act, 1991 (Cap. 78).
Country
Type of law
Legislation
Abstract
This Act aims at the avoidance of fraudulent dispositions including any transaction, gift, grant or transfer of property of any nature whatsoever. Subject to the provisions of this Act, every disposition of property made with an intent to defraud and at an undervalue can be declared null and void at the instance of a creditor thereby prejudiced. The Act sets out rules for legal proceeding following a suspected fraudulent disposition. The burden of establishing an intent to defraud for the purposes of this Act shall be upon the creditor seeking to set aside the disposition.
Attached files
Web site
Long title of text
An Act to amend the law relating to dispositions made with an intent to defraud.
Date of text
Notes
Reprinted version of Act No. 1 of 1991 as at 31 December 2009.
Repealed
No
Source language
English
Legislation Amendment
No