ANNO QUADRAGESIMONON0 ET QUXNQUAGESIMO
A. | D. 1886. |
No. 385. An Act to amend and consolidate the Laws relating to
Insolvent Debtors.
1886.1 |
HEREAS i t is expedient to amend and consolidate the lawsPreamble.
W | relating to insolvent debtors, and providing for arrangements |
by debtors with their creditors without insolvency-Be it therefore Enacted by the Governor-in-Chief of the Province of South
Aus- tralia, with the advice and consent of the Legislative Council and House of Assembly of the said province, in the present Parliament assembled, us follows:
- |
PRELIMINARY.
1, ThisAct may be cited for all purposes as '' The InsolventShort title.Act, 1886."
I.-Sections 1 to |
11 to 56: Corirts of Insolvency and Appeals |
to the Supreme Court:
70 to |
Proceedings thereunder:
156 to |
by Insolvency:
I'BW
49' & 50' VICTORIA?, No. | -- |
Certificates:
VIII.-Sections | to |
PART IX.-Seetions | |
without Insolvency:
x111.-Sections |
Commencement of
3. This Act shall come into operation on a day to be fixed by the Governor by Proclamation to be published in the |
4. In this Act, and the rules in the Second Schedule hereto, the |
following terms have the meanings hereinafter respectively assigned to them,
if not inconsistent with the context, or subject matter, thatis to say-
" Accountant " means the Accountant of the Court of Insolvency, and includes the Clcrk of any Local Court hereby continued, or hereafter proclaimed as a Local Court of Insolvency, when acting as Accountant:
Bill of sale " means and includes bills of sale, assignments, transfers, declarations of trust without transfer, and other assurance6 of personal chattels; and also powers of attorney, authorities or licenccs to take possession of personal chattels as security for any debt, but sh~ l l not include the following documents, that is to say :-Assignments for the benefit of the creditors of the person making or giving the same, marriage settlements, transfers or assignments of any ship or vessel, or any share thereof, transfers of goods in the ordinary | course of business of any trade or calling, bills of sale on |
goods in foreign parts or at sea, bills of lading, warchouse- keepers' certificates, warrants or orders for the dclivery of goods or any other… |