Voluntary transfer to defraud creditors voidable

(1) Except as provided in this section, every transfer of property made, whether before or after the commencement of this Act, with intent to defraud creditors, shall be voidable, at the instance of any person thereby prejudiced. (2) This section shall not affect the operation of a disentailing assurance, or the law of bankruptcy for the time being in force. (3) This section shall not extend to any estate or interest in property transferred for valuable consideration and in good faith or upon consideration and in good faith to any person not having, at the time of the transfer, notice of the intent to 92