Insolvency Amendment Act 122 of 1993

The Insolvency Amendment Act 122 of 1993 intends:

• to amend the Insolvency Act, 1936, so as
  • to further regulate the particulars to be furnished in an application for sequestration;
  • to provide for further notices to officers charged with the registration of title to immovable property and for the registration of such notices;
  • to regulate the expiration of certain caveats;
  • to place obligations on a trustee with regard to the transmission of particulars in respect of the insolvent and his spouse to certain officers;
  • to authorize a trustee, with the consent of the Master of the Supreme Court, to cause a caveat to be registered;
  • to further regulate the registration of transactions in respect of immovable property after the expiry of caveats;
  • to provide for the recovery of the value of immovable property disposed of unlawfully; and
  • to amplify the particulars to be furnished in a statement of affairs;
• to amend the Deeds Registries Act, 1937, so as to authorize the Registrar of Deeds to destroy records relating to a caveat which has expired;
• to amend the Matrimonial Property Act, 1984, so as to further regulate an application for the sequestration of a joint estate; and
• to provide for matters connected therewith.

Commencement

1 September 1993 (Gazette 15102 of 1 September 1993)