Commonwealth Numbered Acts

BANKRUPTCY AMENDMENT ACT 1987 No. 119 of 1987 - SECT 39

39. (1) Section 82 of the Principal Act is amended by inserting before
subsection (4) the following subsection:

"(3B) A debt is not provable in a bankruptcy in so far as the debt consists of
interest accruing, in respect of a period commencing on or after the date of
the bankruptcy, on a debt that is provable in the bankruptcy.".

(2) The amendment made by subsection (1) applies in relation to a bankruptcy
if, and only if, the date of the bankruptcy is a day on or after the day of
commencement of this section.