Where a third party makes payments to creditors of an insolvent company pursuant to its own separate arrangement (such as an arrangement with a union to resolve industrial action), the insolvent company is not a party to the 'transaction' for the purposes of s 588FA(1)(a) merely because it requested or authorised the payments, unless it can be shown that the third party acted pursuant to an arrangement to which the insolvent company was actually a party.
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