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Bankruptcy and Insolvency Act

Version of section 101.1 from 2009-09-18 to 2020-07-28:


Marginal note:Application of sections 95 to 101

  •  (1) Sections 95 to 101 apply, with any modifications that the circumstances require, to a proposal made under Division I of Part III unless the proposal provides otherwise.

  • Marginal note:Interpretation

    (2) For the purposes of subsection (1), a reference in sections 95 to 101

    • (a) to “date of the bankruptcy” is to be read as a reference to “day on which a notice of intention is filed” or, if a notice of intention is not filed, as a reference to “day on which a proposal is filed”; and

    • (b) to “bankrupt”, “insolvent person” or “debtor” is to be read as a reference to “debtor in respect of whom the proposal is filed”.

  • Marginal note:Application of sections 95 to 101 if proposal annulled

    (3) If the proposal is annulled by the court under subsection 63(1) or as a result of a bankruptcy order or assignment, sections 95 to 101 apply as though the debtor became bankrupt on the date of the initial bankruptcy event.

  • 1992, c. 27, s. 42
  • 2007, c. 36, s. 44
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