Insolvency Act 1867 (SA)
ANNO TRICESIMO PRIM0
No. 13.
Art Act to amend the Insolvent Act, 1860.
HEREAG itis expedient to amend The Insolvent Act, *rearnblbl"
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2. Except in so far as the same isinconsistent with this Act, lncOrpOration*
illness, |
Assignee |
112 31" VICTORIB, No.13,
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Any debtor impri-
5. Any debtor in actual custody for debt in any gaol |
Province may petition for adjudication | in | in the |
~ e t i t i o n i r f o n ~ t i
mode prescribed by the forty-sixth and forty-seventh sections of the Insolvent Act, 1860, and the notice by such sections required to be given may be attested by the keeper of the gaol in which such debtor is confined. |
6. Any surety proposing to enter into a recognizance as provided by the sixtieth section of the said Act, may enter into and acknowledge |
the same before any Special Magistrate, and the same shall thereupon be of the like validity, force, and effect,
as if such recognizance had been duly entered into beforc the Court itself, and the form of recogni- zance contained in the ScheduleQ, to the said Act, may be altered accordingly.
Lnaolvent to be
the " Insolvent |
out having been sworn, on signing a declaration in the form T, in | |
the Schedule to such | |
bv the said section, shall be deemed sufficient if entered in a book to |
opposition^ bb kept by the official Assignee, to be called the Opposition Book, |
three days at least before any sitting or adjourned sitting for the last examination of the insolvent: Provided that where any last examina- tion shall be adjourned for any special purpose, to be mentioned in
the minute of adjournment, no matters shall be considered at such
adjourned hearing other than those mentioned in such minute.
8. If no trade assignee shall have been chosen and appointed at |
the first public sitting under the insolvency or at some adjournment thereof, it shall be lawful but not obligatory on the Court to permit | |
an assignee to be chosen and appointed at some subsequent public | |
meeting under the insolvency. |
9. The Court may appoint a special messenger | |
10. If any insolvent at the time fixed for his surrendering, or at |
any time thereafter, shall be in prison or in custody on civil process |
may | of |
diecharged. committed to prison for debt, or upon any attachment, or order, or commitment for, or respecting the non-payment of money, or for contempt of any Court, and from which imprisonment he might be discharged upon payment of money, the Court s h d have full power to order the immediate release of such
- insolvent from custody in the like manner as is provided by the fifty seventh section of the said InsolventAct, 1860, in respect to insol- vents in custody for debt or damages, and the form of warrant contained in the ScheduleE7 to the said Actmay be altered so asto
meet
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meet the circumstances of any such case; and in the construction of the fifty-ninth section of the said Act, the words The warrant of
the Court for his release from custody at the suit of any creditor,"
shall be taken to mean and include any warrant issued under the
provisions herein contained.
11. I n any case in which the Court of Insolvency shall, in conse.
Costa in special camea
quence of the opposition of any creditor, or at the instance of any creditor, remit any question of law by way of special case to the Supreme Court, there shall be stated in such special case the name or names of the creditor or creditors at whose instance, or i n conse- quence
be deemed to be a party or parties to, and shall conduct such special
case before the Supreme Court, and the Supreme Court shall have the same power in raspect to the costs of such special case as is pro- vided in respect to appeals by clause 16 of the Insolvent Act of
1860.
other payment falling due at fixed or stated periods, and the adju-
and other payment,
dication of insolvency shell happen at any time other than one of | such fixed or stated periods, it shall be lawful for the person entitled |
to such rent or other payment, to prove for a proportionate part | |
thereof, up to the day of the adjudication of insolvency in such manner as if the said rent or payment were due from day to day, and not at such fixed or stated periods as aforesaid. |
13. If |
petition for adjudication any debt payable by way of instalments, the |
creditor
may prove for the amount of such instalments remainingc. 134, a- 161-
unpaid at the time of such petition. |
14. If any debtor shall at the time of adjudication, be liable upon proof in |
any bill of exchange or promissory note in respect of distinct con- ,,, | ,, | Ylc., |
tracts as member of two or more firms, carrying on separate and
a. 152. distinct trades, and having distinct estates to be wound up in insol-
vency, or
as a sole trader and also as the member of the firm, the circum-stances that such firms are i11 whole or in part composed of the same
individuals, or that the sole contractor is also one of the joint con-
tractors, shall not prevent proof and receipt of dividend in respect
of such distinct contracts against the estates respectively liable upon
such contracts.
15. If any insolvent shall, at the time of adjudication, be liable, by |
reason of any contract or promise, to a demand in the nature of ,,, | |
damages or ascertained, it shall be lawful for the Court of Insolvency to direct such damages to be assessed by a jury in a Court of Law, and to give all necessary directions for such purpose; and the amount | |
damage when assessed, shall be provable as if a debt due at the |
.time
31" VICTORIZ, No. 13.
'
The Insolvent Amendment Act.--1867. time of the insolvency: Provided that, in case
all necessarypartie8 agree, the Court shall have power toassess suchdamages without reference to a Court ofLaw.
Notices to be in
16. Anything in the Insolvent Act of 1860, to the contrary, | ||
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in
every year, publish in theGbuth Australiae Government Gazette, an account made up to the
31st December preceding, in the formin the Schedule to this Act, of all estates in insolvency that have
during the year ending on such 31st December been in any
way inor before the Court of Insolvency, and the trustees of any estate
being wound up under the arrangement clauses of the said Insolvent Act of 1860, shall, within one calendar month after demand, furnish to the Official Assignee an account of such estate, in the form of the said Schedule to this Act.
preceding the insolvency. |
In the name and on behalf of the Queen I hereby | this |
D. DALY, Governor.
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