BANKRUPTCY ACT 1966

PART IV - PROCEEDINGS IN CONNEXION WITH BANKRUPTCY  

Division 3 - Debtors ' petitions  

SECTION 57A   57A   TIME AT WHICH PERSON BECOMES BANKRUPT ON DEBTOR ' S PETITION  
Where, after the commencement of this section, a person becomes a bankrupt by virtue of the presentation of a debtor ' s petition, the person shall, for the purposes of this Act, be deemed to become a bankrupt at the first instant of the day on which the petition is accepted by the Official Receiver.




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