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act122of1993.pdf | 1.47 MB |
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)