DEEDS OF ARRANGEMENT ACT 1887 - SECT 4 Application of Act.

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DEEDS OF ARRANGEMENT ACT 1887 - SECT 4

Application of Act.

4.(1) This Act shall apply to every Deed of Arrangement, as defined in this
section, made after the commencement of this Act.

(2) A Deed of Arrangement to which this Act applies shall include any of the
following instruments, whether under seal or not, made by, for, or in respect
of the affairs of a debtor for the benefit of his creditors generally
(otherwise than in pursuance of the law for the time being in force relating
to bankruptcy), that is to say:

(a)An assignment of property;

(b)A deed of or agreement for a composition;

(c)A deed of inspectorship entered into for the purpose of carrying on or
winding up a business;

(d)A letter of licence authorising the debtor or any other person to manage,
carry on, realise, or dispose of a business, with a view to the payment of
debts; and

(e)Any agreement or instrument entered into for the purpose of carrying on or
winding up the debtor's business, or authorising the debtor or any other
person to manage, carry on, realise, or dispose of the debtor's business, with
a view to the payment of his debts.

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Northern Irish Legislation

DEEDS OF ARRANGEMENT ACT 1887 - SECT 4