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Bankruptcy and Insolvency Act

Version of section 65.21 from 2004-12-15 to 2020-12-28:


Marginal note:Lease disclaimer or resiliation if lessee is a bankrupt

 If, in respect of a proposal concerning a bankrupt person who is a commercial lessee under a lease of real property or an immovable, the lessee’s lease has been surrendered, disclaimed or resiliated in the bankruptcy proceedings, subsections 65.2(3) to (7) apply in the same manner and to the same extent as if the person was not a bankrupt but was an insolvent person in respect of which a disclaimer or resiliation referred to in those subsections applies.

  • 1997, c. 12, s. 43
  • 2004, c. 25, s. 38
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