Commonwealth Numbered Acts

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BANKRUPTCY AMENDMENT ACT 1987 No. 119 of 1987 - SECT 77

Notice of execution of deed or acceptance of composition
77. (1) Section 218 of the Principal Act is amended:

   (a)  by omitting from paragraph (1) (b) "and a copy of the statement of the
        debtor's affairs referred to in section 195"; and

   (b)  by omitting subsection (2) and substituting the following subsection:

"(2) Where a special resolution accepting a composition is passed under
section 204, the trustee of the composition shall forthwith:

   (a)  give notice of that fact, in accordance with the rules, to each
        creditor of the debtor; and

   (b)  cause notice of that fact to be published in the Gazette and in such
        other manner (if any) as is prescribed.".

(2) The amendments made by subsection (1) apply as provided in subsection  106
(2). 


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