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BANKRUPTCY AMENDMENT ACT 1987 No. 119 of 1987 - SECT 41
Priority payments
41. (1) Section 109 of the Principal Act is amended:
(a) by omitting from paragraph (1) (j) "general meeting of creditors" and
substituting "meeting of the creditors"; and
(b) by omitting subsection (4).
(2) Notwithstanding subsection (1), subsection 109 (4) of the Principal Act
continues to apply in relation to a bankrupt in respect of a bankruptcy if the
first dividend was paid before the commencement of this section.
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