Full legislation
s.45
Restriction of rights of creditor under execution or attachment
Where a creditor has issued execution against the property of a bankrupt or has
attached any debt due to him, he shall not be entitled to retain the benefit of the
execution or attachment against the trustee of the bankrupt unless he had completed
the execution or attachment before the date of the bankruptcy order and before
notice of the presentation of any bankruptcy petition by or against the
bankrupt.
(Amended
76 of 1996 ss. 33
& 73;
18 of 2005 s. 13
)