Bankruptcy (Variation of Sum of Debts under Section 125(2)(b)) Rules
Status:
Revised Edition
published on 31 Jan 2001
published on 31 Jan 2001
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Bankruptcy (Variation of Sum of Debts under Section 125(2)(b)) Rules
Status:
Revised Edition published on 31 Jan 2001
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| Bankruptcy Act |
(Chapter 20, Sections 125 (2) (b) and 166)
| Bankruptcy (Variation of Sum of Debts under Section 125 (2) (b)) Rules |
| R 4 |
| G.N. No. S 126/1999 |
| REVISED EDITION 2001 |
| (31st January 2001) |
| [1st May 1999] |
| Citation |
| 1. These Rules may be cited as the Bankruptcy (Variation of Sum of Debts under section 125 (2) (b)) Rules. |
| Variation of sum of debts under section 125 (2) (b) of Act for discharge from bankruptcy |
| 2. For the purpose of section 125 (2) (b) of the Act, the Minister has prescribed $500,000 as the amount which shall not be exceeded by the debts which have been proved in bankruptcy for the purpose of the issue by the Official Assignee of a certificate discharging a bankrupt from bankruptcy under section 125 (1) of the Act. [G.N. No. S 126/99] |