Fraudulent Dispositions Act, 1991 (Cap. 78).
An Act to amend the law relating to dispositions made with an intent to defraud.
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LEX-FAOC093654
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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.
