Section 733 of Insolvency Act CAP 53: Transitional provisions: insolvency of natural persons

    

(1) In this section—
"the commencement" means the coming into operation of Parts III to V;
"past event" means any of the following that has occurred before the commencement— (a) issuing a bankruptcy notice;
(b) making an application for a bankruptcy order; either by a creditor or the debtor; (c) entering into a voluntary arrangement;
(d) making an application for a grant of probate or letters of administration in respect of an insolvent deceased's estate under section 89 of the Law of Succession Act (Cap. 160).
(2) Despite their repeal, the Bankruptcy Act (Cap. 53) and section 89 of the Law of Succession Act continue to apply, to the exclusion of this Act, to any past event and to any step or proceeding preceding, following, or relating to that past event, even if it is a step or proceeding that is taken after the commencement.
(3) Subsection (2) has effect subject to any transitional regulations made under section 735 that relate to the insolvency of natural persons.


Disclaimer: This document is not to be taken as legal advise.

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