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Act of Parliament | |
Long title | An Act against Fraudulent Gifts. |
---|---|
Citation | 13 Eliz. 1. c. 5 |
Dates | |
Royal assent | 29 May 1571 |
Repealed | 1 January 1926 |
Other legislation | |
Amended by | |
Repealed by | Law of Property Act 1925 |
Status: Repealed | |
Text of statute as originally enacted |
The Fraudulent Conveyances Act 1571 (13 Eliz. 1. c. 5), also known as the Statute of 13 Elizabeth, was an Act of Parliament in England, which laid the foundations for fraudulent transactions to be unwound when a person had gone insolvent or bankrupt. In the United Kingdom, the provisions contained in the 1571 Act were replaced by Part IX of the Law of Property Act 1925, which has since been replaced by Part XVI of the Insolvency Act 1986.[1]