Section 317: Security for unpaid purchase price given after sale of property
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
317. Security for unpaid purchase price given after sale of property
Where a debtor, after purchasing property, has within 2 years immediately before the date of adjudication or the commencement of the winding
up given the seller a charge over the property, section 314 shall not affect
the charge to the extent that it charges or secures unpaid purchase money,
whether it is unpaid in relation to the property over which the charge is given
or some other property, or the charge was given not more than 21 days after
the date of the sale of the property to the debtor.
I14 – 171 [Issue 3]
Insolvency Act