Cap. 6activeordinance

Bankruptcy Ordinance

破產條例

Full legislation

s.44

Provisions as to second bankruptcy

Where a second or subsequent bankruptcy order is made against a bankrupt, or where an order is made for the administration in bankruptcy of the estate of a deceased bankrupt, then for the purposes of any proceedings consequent upon any such order the trustee in the last preceding bankruptcy shall be deemed to be a creditor in respect of any unsatisfied balance of the debts provable against the property of the bankrupt in that bankruptcy.
(Amended
76 of 1996 s. 73
)