Federal Law-Civil Law Harmonization Act, No. 1 (S.C. 2001, c. 4)

Full Document:

Assented to 2001-05-10

PART 8COORDINATING AMENDMENTS

177. (1) The definition “secured creditor” in subsection 2(1) of the Bankruptcy and Insolvency Act, as enacted by section 25 of this Act, applies only to bankruptcies or proposals in respect of which proceedings are commenced after the coming into force of that section, but nothing in this subsection shall be construed as changing the status of any person who was a secured creditor in respect of a bankruptcy or a proposal in respect of which proceedings were commenced before the coming into force of that section.
Marginal note:Bankruptcy and Insolvency Act — par. 136(1)(e)
(2) Paragraph 136(1)(e) of the Bankruptcy and Insolvency Act, as enacted by section 31 of this Act, applies only to bankruptcies or proposals in respect of which proceedings are commenced after the coming into force of that section, but nothing in this subsection shall be construed as changing the status of any person who was a secured creditor in respect of a bankruptcy or a proposal in respect of which proceedings were commenced before the coming into force of that section.
Marginal note:Bankruptcy and Insolvency Act — par. 178(1)(d)
(3) Paragraph 178(1)(d) of the Bankruptcy and Insolvency Act, as enacted by section 32 of this Act, applies only to bankruptcies in respect of which proceedings are commenced after the coming into force of that section.

178. The provisions of this Act, other than Part 8, come into force on a day or days to be fixed by order of the Governor in Council.