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BANKRUPTCY AMENDMENT ACT 1980 No. 12 of 1980 - SECT 31

Bankrupt's statement of affairs
31. (1) Section 54 of the Principal Act is amended-

   (a)  by inserting in sub-section (1) ", within 14 days from the day on
        which
he is notified of the bankruptcy" after "shall";

   (b)  by inserting in paragraph (a) in sub-section (1) "for the District in
which the sequestration order was made" after "the Registrar";

   (c)  by omitting sub-section (2) and substituting the following sub-
        section:



"(2) Where a sequestration order is made against 2 or more joint debtors
(whether partners or not), each of those persons shall (in addition to
complying with sub-section (1) in relation to his affairs), within 14 days
from the day on which he is notified of the bankruptcy, and either on his own
account or jointly with another or others of those debtors-

   (a)  make out and file in the office of the Registrar for the District in
        which the sequestration order was made a statement of the joint
        affairs of those persons in accordance with the prescribed form and
        verified by affidavit; and

   (b)  furnish a copy of the statement to the Official Receiver for the
        District in which the sequestration order was made.";

   (d)  by omitting from sub-section (3) "of his affairs in accordance with
        this section" and substituting "of affairs as required by sub-section
        (1) or (2)"; and

   (e)  by omitting sub-section (4) and substituting the following sub-
        section:



"(4) A person who states in writing that he is a creditor of a bankrupt
against whom a sequestration order has been made, or a creditor of 2 or more
bankrupts against whom the one sequestration order has been made, may without
fee, and any other person may on payment of the prescribed fee, inspect,
personally or by an agent, the statement of affairs filed by the bankrupt or
the statements of affairs filed by the bankrupts, as the case may be, and may
make copies of, or take extracts from, the statement or statements.".

(2) Notwithstanding the amendments of section 54 of the Principal Act made by
sub-section (1) of this section, the provisions of that section of the
Principal Act continue to apply, after the commencement of this section, in
relation to a bankrupt who became a bankrupt before the commencement of this
section as if those amendments had not been made. 


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