Commonwealth Numbered Acts

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BANKRUPTCY AMENDMENT ACT 1980 No. 12 of 1980 - SECT 127

Deed of arrangement to bind all creditors
127. (1) Section 233 of the Principal Act is amended-

(a) by omitting from sub-section (2) "Where" and substituting "Subject to
sub-sections (3) and (4), where"; and

   (b)  by adding at the end thereof the following sub-section:



"(4) Nothing in this section shall be taken to prevent a creditor from
enforcing any remedy against a debtor who has executed a deed of arrangement,
or against any property of such a debtor that is not vested in the trustee of
the deed, in respect of any liability of the debtor under a maintenance
agreement or maintenance order (whether entered into or made, as the case may
be, before or after the commencement of this sub-section).".

(2) The amendments of the Principal Act made by sub-section (1) of this
section do not apply in relation to a debtor, or the property of a debtor, who
executed a deed of arrangement before the commencement of this section. 


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