15—Power to set aside transactions
(1) An "examinable
transaction" is a transaction involving a disposition of property entered into
after the relevant date by—
(a) an
assisted person; or
(b) a
person who is financially associated with—
(i)
an assisted person of category 2; or
(ii)
an assisted person who would fall into category 2 if it
were not for the transaction or a series of transactions of which the
transaction is one.
(2) The relevant date
is a date falling 5 years before the date of the relevant offence (and, if
there are 2 or more of them, the earliest of them).
(3) An
examinable transaction is liable to be set aside under this section unless the
parties to the transaction satisfy the court that the transaction was entered
into in good faith and for value.
(4) The court may, on
application by the Commission—
(a) set
aside a transaction that is liable to be set aside under this section; and
(b) make
any consequential or ancillary orders that may be just in the circumstances.