Western Australian Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Download] [Help]


— Rules as to payment of debts and liabilities of insolvent estates

[s. 10A]

        [Heading amended: No. 19 of 2010 s. 6(3).]

1 .         Expenses having priority

                Funeral, testamentary and administration expenses have priority.

        [Clause 1 amended: No. 19 of 2010 s. 51.]

2 .         Demand for unliquidated damages

                A demand, in respect of which proceedings are maintainable against an estate, shall be provable in the administration of the estate, notwithstanding that it is a demand in the nature of unliquidated damages arising otherwise than by a contract, promise or breach of trust.

        [Clause 2 amended: No. 19 of 2010 s. 51.]

3 .         Rules of bankruptcy apply

                Subject to these rules, the same rules shall prevail and be observed as to — 

            (a)         the respective rights of secured and unsecured creditors; and

            (b)         debts and liabilities provable; and

            (c)         the valuation of annuities and future and contingent liabilities; and

            (d)         the priorities of debts and liabilities,

                as are, at the time of the death of the deceased person, in force under the Commonwealth law of bankruptcy with respect to the assets of persons adjudged bankrupt.

        [Clause 3 amended: No. 19 of 2010 s. 51.]

        [Fifth Schedule inserted: No. 72 of 1984 s. 8; amended: No. 19 of 2010 s. 51.]

AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback