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Bankruptcy and Insolvency Act, RSC 1985, c B-3

  • Short Title
    s. 1
    • 1 Short title
      s. 1
  • Interpretation
    s. 2
    • 2 Definitions
      s. 2
    • 2.1 Designation of beneficiary
      s. 2.1
    • 2.2 Superintendent’s division office
      s. 2.2
    • 3
      s. 3
    • 4(1) Definitions
      s. 4(1)
    • 4(2) Definition of related persons
      s. 4(2)
    • 4(3) Relationships
      s. 4(3)
    • 4(4) Question of fact
      s. 4(4)
    • 4(5) Presumptions
      s. 4(5)
  • Her Majesty
    s. 4.1
    • 4.1 Binding on Her Majesty
      s. 4.1
    • Duty of Good Faith
      s. 4.2
      • 4.2(1) Good faith
        s. 4.2(1)
      • 4.2(2) Good faith — powers of court
        s. 4.2(2)
  • PART I — Administrative Officials
    s. 5
    • Superintendent
      s. 5
      • 5(1) Appointment
        s. 5(1)
      • 5(1.1) Salary
        s. 5(1.1)
      • 5(2) Extent of supervision
        s. 5(2)
      • 5(3) Duties
        s. 5(3)
      • 5(4) Powers of Superintendent
        s. 5(4)
      • 5(5) Compliance with directives
        s. 5(5)
      • 5(6) Directives
        s. 5(6)
      • 6(1) Outside investigations
        s. 6(1)
      • 6(2) Superintendent may examine bank account
        s. 6(2)
      • 6(3) Superintendent may examine records and documents
        s. 6(3)
      • 6(4) Court order re payments from accounts
        s. 6(4)
      • 7 and 8
        s. 7 and 8
      • 9 Appointment of employees
        s. 9
      • 10(1) Investigations or inquiries by Superintendent
        s. 10(1)
      • 10(3) Examination
        s. 10(3)
      • 10(4) Questions
        s. 10(4)
      • 10(5) Privilege of witness
        s. 10(5)
      • 10(6) Compliance
        s. 10(6)
      • 10(7) Copies
        s. 10(7)
      • 11(1) Reporting offence to provincial authority
        s. 11(1)
      • 11(2) Costs and expenses
        s. 11(2)
    • Public Records
      s. 11.1
      • 11.1(1) Public records
        s. 11.1(1)
      • 11.1(2) Other records
        s. 11.1(2)
      • 11.1(3) Agreement to provide compilation
        s. 11.1(3)
    • Official Receivers
      s. 12
      • 12(1) Bankruptcy districts and divisions
        s. 12(1)
      • 12(2) Official receivers
        s. 12(2)
      • 12(3) Report to Superintendent
        s. 12(3)
      • 12(4) Registrar to act for official receiver
        s. 12(4)
    • Trustees
      s. 13
      • Licensing of Trustees
        s. 13
        • 13(1) Application for licence
          s. 13(1)
        • 13(2) Conditions of eligibility
          s. 13(2)
        • 13(3) Non-eligibility
          s. 13(3)
        • 13.1 Form of licence
          s. 13.1
        • 13.2(1) Fees payable
          s. 13.2(1)
        • 13.2(2) Annual fees
          s. 13.2(2)
        • 13.2(3) When licence invalid
          s. 13.2(3)
        • 13.2(4) Superintendent may reinstate licence
          s. 13.2(4)
        • 13.2(5) Suspension or cancellation
          s. 13.2(5)
        • 13.2(6) Notice of intended decision
          s. 13.2(6)
        • 13.2(7) Conditions
          s. 13.2(7)
        • 13.2(8) Non-application of procedure
          s. 13.2(8)
      • Conduct of Trustees
        s. 13.3
        • 13.3(1) Where trustee is not qualified to act
          s. 13.3(1)
        • 13.3(1.1) Copy of application to Superintendent
          s. 13.3(1.1)
        • 13.3(2) Where disclosure required
          s. 13.3(2)
        • 13.4(1) Trustee may act for secured creditor
          s. 13.4(1)
        • 13.4(1.1) Notification by trustee
          s. 13.4(1.1)
        • 13.4(2) Trustee to provide opinion
          s. 13.4(2)
        • 13.5 Code of Ethics
          s. 13.5
        • 13.6 Persons disqualified from working for trustee
          s. 13.6
      • Appointment and Substitution of Trustees
        s. 14
        • 14 Appointment of trustee by creditors
          s. 14
        • 14.01(1) Decision affecting licence
          s. 14.01(1)
        • 14.01(1.1) Application to former trustees
          s. 14.01(1.1)
        • 14.01(2) Delegation
          s. 14.01(2)
        • 14.01(3) Notification to trustees
          s. 14.01(3)
        • 14.02(1) Notice to trustee
          s. 14.02(1)
        • 14.02(1.1) Summons
          s. 14.02(1.1)
        • 14.02(1.2) Effect throughout Canada
          s. 14.02(1.2)
        • 14.02(1.3) Fees and allowances
          s. 14.02(1.3)
        • 14.02(2) Procedure at hearing
          s. 14.02(2)
        • 14.02(3) Record
          s. 14.02(3)
        • 14.02(4) Decision
          s. 14.02(4)
        • 14.02(5) Review by Federal Court
          s. 14.02(5)
        • 14.03(1) Conservatory measures
          s. 14.03(1)
        • 14.03(2) Circumstances
          s. 14.03(2)
        • 14.03(3) Contents and effect of direction
          s. 14.03(3)
        • 14.03(4) Liability ceases on compliance
          s. 14.03(4)
        • 14.04 Removal and appointment
          s. 14.04
        • 14.05 Where there is no licensed trustee, etc.
          s. 14.05
        • 14.06(1) No trustee is bound to act
          s. 14.06(1)
        • 14.06(1.1) Application
          s. 14.06(1.1)
        • 14.06(1.2) No personal liability in respect of matters before appointment
          s. 14.06(1.2)
        • 14.06(1.3) Status of liability
          s. 14.06(1.3)
        • 14.06(1.4) Liability of other successor employers
          s. 14.06(1.4)
        • 14.06(2) Liability in respect of environmental matters
          s. 14.06(2)
        • 14.06(3) Reports, etc., still required
          s. 14.06(3)
        • 14.06(4) Non-liability re certain orders
          s. 14.06(4)
        • 14.06(5) Stay may be granted
          s. 14.06(5)
        • 14.06(6) Costs for remedying not costs of administration
          s. 14.06(6)
        • 14.06(7) Priority of claims
          s. 14.06(7)
        • 14.06(8) Claim for clean-up costs
          s. 14.06(8)
        • 14.07 Effect of defect or irregularity in appointment
          s. 14.07
      • Corporations as Trustees
        s. 14.08
        • 14.08 Majority of officers and directors must hold licences
          s. 14.08
        • 14.09 Acts of body corporate
          s. 14.09
        • 14.1 Not carrying on business of trust company
          s. 14.1
      • Official Name
        s. 15
        • 15 Official name in bankruptcy and proposal proceedings
          s. 15
      • Status of Trustee
        s. 15.1
        • 15.1 Declaration
          s. 15.1
      • Duties and Powers of Trustees
        s. 16
        • 16(1) Security to be given by trustee
          s. 16(1)
        • 16(2) Security to be given by trustee
          s. 16(2)
        • 16(3) Trustee to take possession and make inventory
          s. 16(3)
        • 16(3.1) Warrant required to enter
          s. 16(3.1)
        • 16(4) Trustee to be receiver
          s. 16(4)
        • 16(5) Right of trustee to books of account, etc.
          s. 16(5)
        • 17(1) Property to be delivered to trustee
          s. 17(1)
        • 17(2) Power to act anywhere
          s. 17(2)
        • 18 Conservatory measures
          s. 18
        • 19(1) Legal advice or action before first meeting
          s. 19(1)
        • 19(2) In case of emergency
          s. 19(2)
        • 20(1) Divesting property by trustee
          s. 20(1)
        • 20(2) Registration of notice
          s. 20(2)
        • 21 Verifying bankrupt’s statement of affairs
          s. 21
        • 22 Duties regarding returns
          s. 22
        • 23 Trustee to permit inspection of records
          s. 23
        • 24(1) Insuring property
          s. 24(1)
        • 24(2) Losses payable to trustee
          s. 24(2)
        • 25(1) Trust account
          s. 25(1)
        • 25(1.1) Other deposit-taking institutions must be insured
          s. 25(1.1)
        • 25(1.2) Foreign funds
          s. 25(1.2)
        • 25(1.3) Permission needed for certain acts
          s. 25(1.3)
        • 25(2) Payment by cheque
          s. 25(2)
        • 25(3) Not in private account
          s. 25(3)
        • 26(1) Books to be kept by trustee
          s. 26(1)
        • 26(2) Trustee’s records to be property of estate
          s. 26(2)
        • 26(3) Records may be inspected
          s. 26(3)
        • 27(1) Reports by trustee
          s. 27(1)
        • 27(2) Disbursements
          s. 27(2)
        • 28(1) Documents to be forwarded to Superintendent
          s. 28(1)
        • 28(2) Notices, etc., to be forwarded to Superintendent
          s. 28(2)
        • 29 Duty of trustee on expiration of licence or removal
          s. 29
        • 30(1) Powers exercisable by trustee with permission of inspectors
          s. 30(1)
        • 30(2) Permission limited to particular thing or class
          s. 30(2)
        • 30(3) If no inspectors
          s. 30(3)
        • 30(4) Sale or disposal to related persons
          s. 30(4)
        • 30(5) Related persons
          s. 30(5)
        • 30(6) Factors to be considered
          s. 30(6)
        • 31(1) Borrowing powers with permission of court
          s. 31(1)
        • 31(3) Limit of obligations and carrying on of business
          s. 31(3)
        • 31(4) Debts deemed to be debts of estate
          s. 31(4)
        • 32 Trustee not obliged to carry on business
          s. 32
        • 33 Reimbursement only of trustee’s disbursement advances
          s. 33
        • 34(1) Trustee may apply to court for directions
          s. 34(1)
        • 34(2) To report to court after three years
          s. 34(2)
        • 34(3) Notice to Superintendent’s division office
          s. 34(3)
        • 35(1) Redirection of mail
          s. 35(1)
        • 35(2) Permission for residence
          s. 35(2)
        • 35(3) Time limitation
          s. 35(3)
        • 36(1) Duty of former trustee on substitution
          s. 36(1)
        • 36(2) Duty of substituted trustee
          s. 36(2)
        • 37 Appeal to court against trustee
          s. 37
        • 38(1) Proceeding by creditor when trustee refuses to act
          s. 38(1)
        • 38(2) Transfer to creditor
          s. 38(2)
        • 38(3) Benefits belong to creditor
          s. 38(3)
        • 38(4) Trustee may institute proceeding
          s. 38(4)
      • Remuneration of Trustee
        s. 39
        • 39(1) To be voted by creditors
          s. 39(1)
        • 39(2) Not to exceed 7½ per cent
          s. 39(2)
        • 39(3) For carrying on debtor’s business or in case of a proposal
          s. 39(3)
        • 39(4) Successive trustees
          s. 39(4)
        • 39(5) Court may increase or reduce
          s. 39(5)
      • Discharge of Trustee
        s. 40
        • 40(1) Disposal of unrealizable property
          s. 40(1)
        • 40(2) Final disposition of property
          s. 40(2)
        • 41(1) Application to court
          s. 41(1)
        • 41(2) Discharge of trustee
          s. 41(2)
        • 41(3) When another trustee has been appointed
          s. 41(3)
        • 41(4) When estate deemed fully administered
          s. 41(4)
        • 41(5) Objections to be filed with court and trustee
          s. 41(5)
        • 41(6) Court may grant discharge
          s. 41(6)
        • 41(7) Fraud or breach of trust
          s. 41(7)
        • 41(8) Effect of discharge of trustee
          s. 41(8)
        • 41(8.1) Investigation not precluded
          s. 41(8.1)
        • 41(9) Security released
          s. 41(9)
        • 41(10) Trustee remains
          s. 41(10)
        • 41(11) Appointment of trustee by court to complete administration
          s. 41(11)
  • PART II — Bankruptcy Orders and Assignments
    s. 42
    • Acts of Bankruptcy
      s. 42
      • 42(1) Acts of bankruptcy
        s. 42(1)
      • 42(2) Unauthorized assignments are void or null
        s. 42(2)
    • Application for Bankruptcy Order
      s. 43
      • 43(1) Bankruptcy application
        s. 43(1)
      • 43(2) If applicant creditor is a secured creditor
        s. 43(2)
      • 43(3) Affidavit
        s. 43(3)
      • 43(4) Consolidation of applications
        s. 43(4)
      • 43(5) Place of filing
        s. 43(5)
      • 43(6) Proof of facts, etc.
        s. 43(6)
      • 43(7) Dismissal of application
        s. 43(7)
      • 43(8) Dismissal with respect to some respondents only
        s. 43(8)
      • 43(9) Appointment of trustee
        s. 43(9)
      • 43(10) Stay of proceedings if facts denied
        s. 43(10)
      • 43(11) Stay of proceedings for other reasons
        s. 43(11)
      • 43(12) Security for costs
        s. 43(12)
      • 43(13) Bankruptcy order on another application
        s. 43(13)
      • 43(14) Withdrawing application
        s. 43(14)
      • 43(15) Application against one partner
        s. 43(15)
      • 43(16) Court may consolidate proceedings
        s. 43(16)
      • 43(17) Continuance of proceedings on death of debtor
        s. 43(17)
      • 44(1) Application against estate or succession
        s. 44(1)
      • 44(2) Personal liability
        s. 44(2)
      • 44(3) Act done in good faith
        s. 44(3)
      • 45(1) Costs of application
        s. 45(1)
      • 45(2) Insufficient proceeds
        s. 45(2)
    • Interim Receiver
      s. 46
      • 46(1) Appointment of interim receiver
        s. 46(1)
      • 46(2) Powers of interim receiver
        s. 46(2)
      • 46(3) Place of filing
        s. 46(3)
      • 47(1) Appointment of interim receiver
        s. 47(1)
      • 47(2) Directions to interim receiver
        s. 47(2)
      • 47(3) When appointment may be made
        s. 47(3)
      • 47(4) Place of filing
        s. 47(4)
      • 47.1(1) Appointment of interim receiver
        s. 47.1(1)
      • 47.1(1.1) Duration of appointment
        s. 47.1(1.1)
      • 47.1(2) Directions to interim receiver
        s. 47.1(2)
      • 47.1(3) When appointment may be made
        s. 47.1(3)
      • 47.1(4) Place of filing
        s. 47.1(4)
      • 47.2(1) Orders respecting fees and expenses
        s. 47.2(1)
      • 47.2(2) Meaning of disbursements
        s. 47.2(2)
      • 47.2(3) Accounts, discharge of interim receivers
        s. 47.2(3)
      • 48 Application of sections 43 to 46
        s. 48
    • Assignments
      s. 49
      • 49(1) Assignment for general benefit of creditors
        s. 49(1)
      • 49(2) Sworn statement
        s. 49(2)
      • 49(3) Filing of assignment
        s. 49(3)
      • 49(4) Appointment of trustee
        s. 49(4)
      • 49(5) Cancellation of assignment
        s. 49(5)
      • 49(6) Procedure in small estates
        s. 49(6)
      • 49(7) Future property not to be considered
        s. 49(7)
      • 49(8) Where subsection (6) ceases to apply
        s. 49(8)
  • PART III — Proposals
    s. 50
    • DIVISION I — General Scheme for Proposals
      s. 50
      • 50(1) Who may make a proposal
        s. 50(1)
      • 50(1.1) Where proposal may not be made
        s. 50(1.1)
      • 50(1.2) To whom proposal made
        s. 50(1.2)
      • 50(1.3) Idem
        s. 50(1.3)
      • 50(1.4) Classes of secured claims
        s. 50(1.4)
      • 50(1.5) Court may determine classes
        s. 50(1.5)
      • 50(1.6) Creditors’ response
        s. 50(1.6)
      • 50(1.7) Effect of filing proof of claim
        s. 50(1.7)
      • 50(1.8) Voting
        s. 50(1.8)
      • 50(2) Documents to be filed
        s. 50(2)
      • 50(2.1) Filing of documents with the official receiver
        s. 50(2.1)
      • 50(3) Approval of inspectors
        s. 50(3)
      • 50(4) Proposal, etc., not to be withdrawn
        s. 50(4)
      • 50(4.1) Assignment not prevented
        s. 50(4.1)
      • 50(5) Duties of trustee
        s. 50(5)
      • 50(6) Trustee to file cash-flow statement
        s. 50(6)
      • 50(7) Creditors may obtain statement
        s. 50(7)
      • 50(8) Exception
        s. 50(8)
      • 50(9) Trustee protected
        s. 50(9)
      • 50(10) Trustee to monitor and report
        s. 50(10)
      • 50(11) Report to creditors
        s. 50(11)
      • 50(12) Court may declare proposal as deemed refused by creditors
        s. 50(12)
      • 50(12.1) Effect of declaration
        s. 50(12.1)
      • 50(13) Claims against directors — compromise
        s. 50(13)
      • 50(14) Exception
        s. 50(14)
      • 50(15) Powers of court
        s. 50(15)
      • 50(16) Application of other provisions
        s. 50(16)
      • 50(17) Determination of classes of claims
        s. 50(17)
      • 50(18) Resignation or removal of directors
        s. 50(18)
      • 50.1(1) Secured creditor may file proof of secured claim
        s. 50.1(1)
      • 50.1(2) Proposed assessed value
        s. 50.1(2)
      • 50.1(3) Idem
        s. 50.1(3)
      • 50.1(4) Idem
        s. 50.1(4)
      • 50.1(5) Where no secured creditor in a class takes action
        s. 50.1(5)
      • 50.2 Excluded secured creditor
        s. 50.2
      • 50.3 Rights in bankruptcy
        s. 50.3
      • 50.4(1) Notice of intention
        s. 50.4(1)
      • 50.4(2) Certain things to be filed
        s. 50.4(2)
      • 50.4(3) Creditors may obtain statement
        s. 50.4(3)
      • 50.4(4) Exception
        s. 50.4(4)
      • 50.4(5) Trustee protected
        s. 50.4(5)
      • 50.4(6) Trustee to notify creditors
        s. 50.4(6)
      • 50.4(7) Trustee to monitor and report
        s. 50.4(7)
      • 50.4(8) Where assignment deemed to have been made
        s. 50.4(8)
      • 50.4(9) Extension of time for filing proposal
        s. 50.4(9)
      • 50.4(10) Court may not extend time
        s. 50.4(10)
      • 50.4(11) Court may terminate period for making proposal
        s. 50.4(11)
      • 50.5 Trustee to help prepare proposal
        s. 50.5
      • 50.6(1) Order — interim financing
        s. 50.6(1)
      • 50.6(2) Individuals
        s. 50.6(2)
      • 50.6(3) Priority
        s. 50.6(3)
      • 50.6(4) Priority — previous orders
        s. 50.6(4)
      • 50.6(5) Factors to be considered
        s. 50.6(5)
      • 51(1) Calling of meeting of creditors
        s. 51(1)
      • 51(2) In case of a prior meeting
        s. 51(2)
      • 51(3) Chair of first meeting
        s. 51(3)
      • 52 Adjournment of meeting for further investigation and examination
        s. 52
      • 53 Creditor may assent or dissent
        s. 53
      • 54(1) Vote on proposal by creditors
        s. 54(1)
      • 54(2) Voting system
        s. 54(2)
      • 54(2.1) Certain Crown claims
        s. 54(2.1)
      • 54(2.2) Where no quorum in a class
        s. 54(2.2)
      • 54(3) Related creditor
        s. 54(3)
      • 54(4) Voting by trustee
        s. 54(4)
      • 54.1 Class — creditors having equity claims
        s. 54.1
      • 55 Creditors may provide for supervision of debtor’s affairs
        s. 55
      • 56 Appointment of inspectors
        s. 56
      • 57 Result of refusal of proposal
        s. 57
      • 57.1 Appointment of new trustee
        s. 57.1
      • 58 Application for court approval
        s. 58
      • 59(1) Court to hear report of trustee, etc.
        s. 59(1)
      • 59(2) Court may refuse to approve the proposal
        s. 59(2)
      • 59(3) Reasonable security
        s. 59(3)
      • 59(4) Court may order amendment
        s. 59(4)
      • 60(1) Priority of claims
        s. 60(1)
      • 60(1.1) Certain Crown claims
        s. 60(1.1)
      • 60(1.2) Idem
        s. 60(1.2)
      • 60(1.3) Proposals by employers
        s. 60(1.3)
      • 60(1.4) Voting on proposal
        s. 60(1.4)
      • 60(1.5) Proposals by employers — prescribed pension plans
        s. 60(1.5)
      • 60(1.6) Non-application of subsection (1.5)
        s. 60(1.6)
      • 60(1.7) Payment — equity claims
        s. 60(1.7)
      • 60(2) Payment to trustee
        s. 60(2)
      • 60(3) Distribution of promissory notes, stock, etc., of debtor
        s. 60(3)
      • 60(4) Section 147 applies
        s. 60(4)
      • 60(5) Power of court
        s. 60(5)
      • 61(1) Annulment of bankruptcy
        s. 61(1)
      • 61(2) Non-approval of proposal by court
        s. 61(2)
      • 61(4) Costs when proposal refused
        s. 61(4)
      • 62(1) Filing of proposal
        s. 62(1)
      • 62(1.1) Determination of claims
        s. 62(1.1)
      • 62(1.2) Determination of claims re bankrupt
        s. 62(1.2)
      • 62(2) On whom approval binding
        s. 62(2)
      • 62(2.1) When insolvent person is released from debt
        s. 62(2.1)
      • 62(3) Certain persons not released
        s. 62(3)
      • 62.1 Default in performance of proposal
        s. 62.1
      • 63(1) Receiving order on default, etc.
        s. 63(1)
      • 63(2) Validity of things done
        s. 63(2)
      • 63(3) Annulment for offence
        s. 63(3)
      • 63(4) Effect of annulling order
        s. 63(4)
      • 63(5) Meeting of creditors to be called
        s. 63(5)
      • 63(6) Consequences of annulment
        s. 63(6)
      • 64(1) Removal of directors
        s. 64(1)
      • 64(2) Filling vacancy
        s. 64(2)
      • 64.1(1) Security or charge relating to director’s indemnification
        s. 64.1(1)
      • 64.1(2) Priority
        s. 64.1(2)
      • 64.1(3) Restriction — indemnification insurance
        s. 64.1(3)
      • 64.1(4) Negligence, misconduct or fault
        s. 64.1(4)
      • 64.2(1) Court may order security or charge to cover certain costs
        s. 64.2(1)
      • 64.2(2) Priority
        s. 64.2(2)
      • 64.2(3) Individual
        s. 64.2(3)
      • 65 Where proposal is conditional on purchase of new securities
        s. 65
      • 65.1(1) Certain rights limited
        s. 65.1(1)
      • 65.1(2) Idem
        s. 65.1(2)
      • 65.1(3) Idem
        s. 65.1(3)
      • 65.1(4) Certain acts not prevented
        s. 65.1(4)
      • 65.1(5) Provisions of section override agreement
        s. 65.1(5)
      • 65.1(6) Powers of court
        s. 65.1(6)
      • 65.1(7) Eligible financial contracts
        s. 65.1(7)
      • 65.1(9) Permitted actions
        s. 65.1(9)
      • 65.1(10) Net termination values
        s. 65.1(10)
      • 65.11(1) Disclaimer or resiliation of agreements
        s. 65.11(1)
      • 65.11(2) Individuals
        s. 65.11(2)
      • 65.11(3) Court may prohibit disclaimer or resiliation
        s. 65.11(3)
      • 65.11(4) Court ordered disclaimer or resiliation
        s. 65.11(4)
      • 65.11(5) Factors to be considered
        s. 65.11(5)
      • 65.11(6) Date of disclaimer or resiliation
        s. 65.11(6)
      • 65.11(7) Intellectual property
        s. 65.11(7)
      • 65.11(8) Loss related to disclaimer or resiliation
        s. 65.11(8)
      • 65.11(9) Reasons for disclaimer or resiliation
        s. 65.11(9)
      • 65.11(10) Exceptions
        s. 65.11(10)
      • 65.12(1) Application for authorization to serve a notice to bargain
        s. 65.12(1)
      • 65.12(2) Conditions for issuance of order
        s. 65.12(2)
      • 65.12(3) No delay on vote on proposal
        s. 65.12(3)
      • 65.12(4) Claims arising from revision of collective agreement
        s. 65.12(4)
      • 65.12(5) Order to disclose information
        s. 65.12(5)
      • 65.12(6) Unrevised collective agreements remain in force
        s. 65.12(6)
      • 65.12(7) Parties
        s. 65.12(7)
      • 65.13(1) Restriction on disposition of assets
        s. 65.13(1)
      • 65.13(2) Individuals
        s. 65.13(2)
      • 65.13(3) Notice to secured creditors
        s. 65.13(3)
      • 65.13(4) Factors to be considered
        s. 65.13(4)
      • 65.13(5) Additional factors — related persons
        s. 65.13(5)
      • 65.13(6) Related persons
        s. 65.13(6)
      • 65.13(7) Assets may be disposed of free and clear
        s. 65.13(7)
      • 65.13(8) Restriction — employers
        s. 65.13(8)
      • 65.13(9) Restriction — intellectual property
        s. 65.13(9)
      • 65.2(1) Insolvent person may disclaim or resiliate commercial lease
        s. 65.2(1)
      • 65.2(2) Lessor may challenge
        s. 65.2(2)
      • 65.2(3) Circumstances for not making declaration
        s. 65.2(3)
      • 65.2(4) Effects of disclaimer or resiliation
        s. 65.2(4)
      • 65.2(5) Classification of claim
        s. 65.2(5)
      • 65.2(6) Lessor’s vote on proposal
        s. 65.2(6)
      • 65.2(7) Determination of classes
        s. 65.2(7)
      • 65.2(8) Section 146 not affected
        s. 65.2(8)
      • 65.21 Lease disclaimer or resiliation if lessee is a bankrupt
        s. 65.21
      • 65.22 Bankruptcy after court approval
        s. 65.22
      • 65.3 Certificate where proposal performed
        s. 65.3
      • 66(1) Act to apply
        s. 66(1)
      • 66(1.1) Assignments
        s. 66(1.1)
      • 66(1.2) Final statement of receipts and disbursements
        s. 66(1.2)
      • 66(1.3) Examination by official receiver
        s. 66(1.3)
      • 66(1.4) Division to be applied conjointly with other Acts
        s. 66(1.4)
    • DIVISION II — Consumer Proposals
      s. 66.11
      • 66.11 Definitions
        s. 66.11
      • 66.12(1) Consumer proposal
        s. 66.12(1)
      • 66.12(1.1) Dealing with certain consumer proposals together
        s. 66.12(1.1)
      • 66.12(2) Restriction
        s. 66.12(2)
      • 66.12(3) To whom consumer proposal is made
        s. 66.12(3)
      • 66.12(4) Creditors’ response
        s. 66.12(4)
      • 66.12(5) Term of consumer proposal
        s. 66.12(5)
      • 66.12(6) Priority of claims, fees
        s. 66.12(6)
      • 66.13(1) Commencement of proceedings
        s. 66.13(1)
      • 66.13(2) Duties of administrator
        s. 66.13(2)
      • 66.13(3) Where consumer proposal not to be filed
        s. 66.13(3)
      • 66.13(4) Where consumer proposal wrongly filed
        s. 66.13(4)
      • 66.14 Duties of administrator
        s. 66.14
      • 66.15(1) Meeting of creditors
        s. 66.15(1)
      • 66.15(2) Idem
        s. 66.15(2)
      • 66.15(3) Notice to be sent to creditors
        s. 66.15(3)
      • 66.16(1) Chair of meeting
        s. 66.16(1)
      • 66.16(2) Adjournment of meeting for further investigation and examination
        s. 66.16(2)
      • 66.17(1) Creditor may indicate assent or dissent
        s. 66.17(1)
      • 66.17(2) Effect of assent or dissent
        s. 66.17(2)
      • 66.18(1) Where consumer proposal deemed accepted
        s. 66.18(1)
      • 66.18(2) Idem
        s. 66.18(2)
      • 66.19(1) Voting on consumer proposal
        s. 66.19(1)
      • 66.19(2) Related creditor
        s. 66.19(2)
      • 66.19(3) Voting by administrator
        s. 66.19(3)
      • 66.2 Creditors may provide for supervision of consumer debtor’s affairs
        s. 66.2
      • 66.21 Appointment of inspectors
        s. 66.21
      • 66.22(1) Application to court
        s. 66.22(1)
      • 66.22(2) Where consumer proposal deemed approved by court
        s. 66.22(2)
      • 66.23 Procedure for application to court
        s. 66.23
      • 66.24(1) Court to hear report of administrator, etc.
        s. 66.24(1)
      • 66.24(2) Refusal to approve the consumer proposal
        s. 66.24(2)
      • 66.24(3) Proposal must comply with Act
        s. 66.24(3)
      • 66.24(4) Power of court
        s. 66.24(4)
      • 66.25 Withdrawal of consumer proposal
        s. 66.25
      • 66.251 Where periodic payments not provided for
        s. 66.251
      • 66.26(1) Payments to administrator
        s. 66.26(1)
      • 66.26(2) Deposit of moneys
        s. 66.26(2)
      • 66.26(3) Section 147 applies
        s. 66.26(3)
      • 66.27 Notifications
        s. 66.27
      • 66.28(1) Time for determining claims
        s. 66.28(1)
      • 66.28(2) On whom approval binding
        s. 66.28(2)
      • 66.28(2.1) When consumer debtor is released from debt
        s. 66.28(2.1)
      • 66.28(3) Certain persons not released
        s. 66.28(3)
      • 66.29(1) Administrator may issue certificate
        s. 66.29(1)
      • 66.29(2) Effect of filing certificate
        s. 66.29(2)
      • 66.3(1) Annulment of consumer proposal
        s. 66.3(1)
      • 66.3(2) Validity of things done
        s. 66.3(2)
      • 66.3(3) Annulment for offence
        s. 66.3(3)
      • 66.3(4) Notification of annulment
        s. 66.3(4)
      • 66.3(5) Annulment effect
        s. 66.3(5)
      • 66.31(1) Deemed annulment — default of payment
        s. 66.31(1)
      • 66.31(2) Deemed annulment — amendment withdrawn or refused
        s. 66.31(2)
      • 66.31(3) Duties of administrator in relation to deemed annulment
        s. 66.31(3)
      • 66.31(4) Effects of deemed annulment — consumer proposal made by a bankrupt
        s. 66.31(4)
      • 66.31(5) Validity of things done before deemed annulment
        s. 66.31(5)
      • 66.31(6) Notice of possibility of consumer proposal being automatically revived
        s. 66.31(6)
      • 66.31(7) Automatic revival
        s. 66.31(7)
      • 66.31(8) Notice if no automatic revival
        s. 66.31(8)
      • 66.31(9) Administrator may apply to court to revive consumer proposal
        s. 66.31(9)
      • 66.31(10) Duty of administrator if consumer proposal is revived
        s. 66.31(10)
      • 66.31(11) Validity of things done before revival
        s. 66.31(11)
      • 66.32(1) Effects of annulment
        s. 66.32(1)
      • 66.32(2) Idem
        s. 66.32(2)
      • 66.33
        s. 66.33
      • 66.34(1) Certain rights limited
        s. 66.34(1)
      • 66.34(2) Idem
        s. 66.34(2)
      • 66.34(3) Idem
        s. 66.34(3)
      • 66.34(4) Certain acts not prevented
        s. 66.34(4)
      • 66.34(5) Provisions of section override agreement
        s. 66.34(5)
      • 66.34(6) Powers of court
        s. 66.34(6)
      • 66.34(7) Eligible financial contracts
        s. 66.34(7)
      • 66.34(8) Permitted actions
        s. 66.34(8)
      • 66.34(9) Net termination values
        s. 66.34(9)
      • 66.35(1) Assignment of wages
        s. 66.35(1)
      • 66.35(2) Assignment of debts at request of administrator
        s. 66.35(2)
      • 66.35(3) Third parties protected
        s. 66.35(3)
      • 66.35(4) When section ceases to apply
        s. 66.35(4)
      • 66.36 No dismissal, etc., of employee
        s. 66.36
      • 66.37 Amendment to consumer proposal
        s. 66.37
      • 66.38(1) Certificate if consumer proposal performed
        s. 66.38(1)
      • 66.38(2) Effect if counselling refused
        s. 66.38(2)
      • 66.39 Administrator’s accounts, discharge
        s. 66.39
      • 66.4(1) Act to apply
        s. 66.4(1)
      • 66.4(2) Where consumer debtor is bankrupt
        s. 66.4(2)
  • PART IV — Property of the Bankrupt
    s. 67
    • 67(1) Property of bankrupt
      s. 67(1)
    • 67(2) Deemed trusts
      s. 67(2)
    • 67(3) Exceptions
      s. 67(3)
    • 68(1) Directives re surplus income
      s. 68(1)
    • 68(2) Definitions
      s. 68(2)
    • 68(3) Determination of trustee re surplus income
      s. 68(3)
    • 68(4) Duties of trustee relating to determination
      s. 68(4)
    • 68(5) Official receiver recommendation
      s. 68(5)
    • 68(5.1) Trustee may fix another amount
      s. 68(5.1)
    • 68(6) Trustee may request mediation
      s. 68(6)
    • 68(7) Creditor may request mediation
      s. 68(7)
    • 68(8) Mediation procedure
      s. 68(8)
    • 68(9) File
      s. 68(9)
    • 68(10) Application to court to fix amount
      s. 68(10)
    • 68(11) Fixing fair and reasonable remuneration in the case of related persons
      s. 68(11)
    • 68(12) Modification of order
      s. 68(12)
    • 68(13) Default by other person
      s. 68(13)
    • 68(14) Application is a proceeding
      s. 68(14)
    • 68(15) Property included for enforcement purposes
      s. 68(15)
    • 68(16) When obligation to pay ceases
      s. 68(16)
    • 68.1(1) Assignment of wages
      s. 68.1(1)
    • 68.1(2) Assignment of book debts
      s. 68.1(2)
    • Stay of Proceedings
      s. 69
      • 69(1) Stay of proceedings — notice of intention
        s. 69(1)
      • 69(2) Limitation
        s. 69(2)
      • 69(3) Limitation
        s. 69(3)
      • 69.1(1) Stay of proceedings — Division I proposals
        s. 69.1(1)
      • 69.1(2) Limitation
        s. 69.1(2)
      • 69.1(3) Limitation
        s. 69.1(3)
      • 69.1(4) Limitation
        s. 69.1(4)
      • 69.1(5) Secured creditors to whom proposal not made
        s. 69.1(5)
      • 69.1(6) Where secured creditors vote against proposal
        s. 69.1(6)
      • 69.2(1) Stay of proceedings — consumer proposals
        s. 69.2(1)
      • 69.2(2) Exception
        s. 69.2(2)
      • 69.2(3) Idem
        s. 69.2(3)
      • 69.2(4) Secured creditors
        s. 69.2(4)
      • 69.2(5) Exception
        s. 69.2(5)
      • 69.3(1) Stays of proceedings — bankruptcies
        s. 69.3(1)
      • 69.3(1.1) End of stay
        s. 69.3(1.1)
      • 69.3(2) Secured creditors
        s. 69.3(2)
      • 69.3(2.1) Exception
        s. 69.3(2.1)
      • 69.31(1) Stay of proceedings — directors
        s. 69.31(1)
      • 69.31(2) Exception
        s. 69.31(2)
      • 69.31(3) Resignation or removal of directors
        s. 69.31(3)
      • 69.4 Court may declare that stays, etc., cease
        s. 69.4
      • 69.41(1) Non-application of certain provisions
        s. 69.41(1)
      • 69.41(2) No remedy, etc.
        s. 69.41(2)
      • 69.42 No stay, etc., in certain cases
        s. 69.42
      • 69.5 Provincial legislation
        s. 69.5
      • 69.6 Meaning of regulatory body
        s. 69.6
      • 69.6(2) Regulatory bodies — sections 69 and 69.1
        s. 69.6(2)
      • 69.6(3) Exception
        s. 69.6(3)
      • 69.6(4) Declaration — enforcement of a payment
        s. 69.6(4)
    • General Provisions
      s. 70
      • 70(1) Precedence of bankruptcy orders and assignments
        s. 70(1)
      • 70(2) Costs
        s. 70(2)
      • 71 Vesting of property in trustee
        s. 71
      • 72(1) Application of other substantive law
        s. 72(1)
      • 72(2) Operation of provincial law re documents executed under Act
        s. 72(2)
      • 72.1(1) Intellectual property — sale or disposition
        s. 72.1(1)
      • 72.1(2) Intellectual property — disclaimer or resiliation
        s. 72.1(2)
      • 73(1) Purchaser in good faith at sale protected
        s. 73(1)
      • 73(2) Executing officer to deliver property of bankrupt to trustee
        s. 73(2)
      • 73(3) In case of executing officer’s sale
        s. 73(3)
      • 73(4) Effect of bankruptcy on seizure of property for rent or taxes
        s. 73(4)
      • 74(1) Registration of bankruptcy order or assignment
        s. 74(1)
      • 74(2) Effect of registration
        s. 74(2)
      • 74(3) Caveat may be filed
        s. 74(3)
      • 74(4) Duty of official
        s. 74(4)
      • 75 Law of province to apply in favour of purchaser for value
        s. 75
      • 76 Property not to be removed from province
        s. 76
      • 77(1) Contributory shareholders
        s. 77(1)
      • 77(2) Liability of contributory an asset
        s. 77(2)
      • 78 Bank must notify trustee
        s. 78
      • 79 Inspection of property held in pledge
        s. 79
      • 80 Protection of trustee
        s. 80
      • 81(1) Persons claiming property in possession of bankrupt
        s. 81(1)
      • 81(2) How claim disposed of
        s. 81(2)
      • 81(3) Onus on claimant
        s. 81(3)
      • 81(4) Require proof of claim
        s. 81(4)
      • 81(5) No other proceeding to be instituted
        s. 81(5)
      • 81(6) Rights of others not extended
        s. 81(6)
      • 81.1(1) Right of unpaid supplier to repossess goods
        s. 81.1(1)
      • 81.1(2) Where goods have been partly paid for
        s. 81.1(2)
      • 81.1(4) If notice of intention or proposal was filed
        s. 81.1(4)
      • 81.1(5) Expiry of supplier’s right
        s. 81.1(5)
      • 81.1(6) Ranks above other claims
        s. 81.1(6)
      • 81.1(7) Application to court for directions
        s. 81.1(7)
      • 81.1(8) Supplier may appeal to court
        s. 81.1(8)
      • 81.1(9) Other rights saved
        s. 81.1(9)
      • 81.1(10) No payment
        s. 81.1(10)
      • 81.1(11) Provincial rights saved
        s. 81.1(11)
      • 81.1(12) Definitions
        s. 81.1(12)
      • 81.2(1) Special right for farmers, fishermen and aquaculturists
        s. 81.2(1)
      • 81.2(2) Definitions
        s. 81.2(2)
      • 81.2(3) Interpretation — products and by-products
        s. 81.2(3)
      • 81.2(4) Section 81.1 applies
        s. 81.2(4)
      • 81.2(5) Other rights saved
        s. 81.2(5)
      • 81.3(1) Security for unpaid wages, etc. — bankruptcy
        s. 81.3(1)
      • 81.3(2) Commissions
        s. 81.3(2)
      • 81.3(3) Security for disbursements
        s. 81.3(3)
      • 81.3(4) Rank of security
        s. 81.3(4)
      • 81.3(5) Liability of trustee
        s. 81.3(5)
      • 81.3(6) Claims of officers and directors
        s. 81.3(6)
      • 81.3(7) Non-arm’s length
        s. 81.3(7)
      • 81.3(8) Proof by delivery
        s. 81.3(8)
      • 81.3(9) Definitions
        s. 81.3(9)
      • 81.4(1) Security for unpaid wages, etc. — receivership
        s. 81.4(1)
      • 81.4(2) Commissions
        s. 81.4(2)
      • 81.4(3) Security for disbursements
        s. 81.4(3)
      • 81.4(4) Rank of security
        s. 81.4(4)
      • 81.4(5) Liability of receiver
        s. 81.4(5)
      • 81.4(6) Claims of officers and directors
        s. 81.4(6)
      • 81.4(7) Non-arm’s length
        s. 81.4(7)
      • 81.4(8) Proof by delivery
        s. 81.4(8)
      • 81.4(9) Definitions
        s. 81.4(9)
      • 81.5(1) Security for unpaid amounts re prescribed pensions plan — bankruptcy
        s. 81.5(1)
      • 81.5(2) Rank of security
        s. 81.5(2)
      • 81.5(3) Liability of trustee
        s. 81.5(3)
      • 81.6(1) Security for unpaid amounts re prescribed pensions plan — receivership
        s. 81.6(1)
      • 81.6(2) Rank of security
        s. 81.6(2)
      • 81.6(3) Liability of receiver
        s. 81.6(3)
      • 81.6(4) Definitions
        s. 81.6(4)
      • 81.7(1) Right of unpaid supplier of perishable fruits or vegetables
        s. 81.7(1)
      • 81.7(2) Clarification — paragraph 67(1)(a)
        s. 81.7(2)
      • 81.7(3) Application to court for directions
        s. 81.7(3)
      • 81.7(4) Supplier may appeal to court
        s. 81.7(4)
      • 81.7(5) Other rights saved
        s. 81.7(5)
      • 81.7(6) Provincial law
        s. 81.7(6)
      • 81.7(7) Definitions
        s. 81.7(7)
      • 82(1) Trustee to have right to sell patented articles
        s. 82(1)
      • 82(2) Right of manufacturer
        s. 82(2)
      • 83(1) Copyright and manuscript to revert to author
        s. 83(1)
      • 83(2) If copies of the work are on the market
        s. 83(2)
      • 83(3) Marketable copies to be first offered for sale to the author
        s. 83(3)
      • 84 Effect of sales by trustee
        s. 84
      • 84.1(1) Assignment of agreements
        s. 84.1(1)
      • 84.1(2) Individuals
        s. 84.1(2)
      • 84.1(3) Exceptions
        s. 84.1(3)
      • 84.1(4) Factors to be considered
        s. 84.1(4)
      • 84.1(5) Restriction
        s. 84.1(5)
      • 84.1(6) Copy of order
        s. 84.1(6)
      • 84.2(1) Certain rights limited
        s. 84.2(1)
      • 84.2(2) Lease
        s. 84.2(2)
      • 84.2(3) Public utilities
        s. 84.2(3)
      • 84.2(4) Certain acts not prevented
        s. 84.2(4)
      • 84.2(5) Provisions of section override agreement
        s. 84.2(5)
      • 84.2(6) Powers of court
        s. 84.2(6)
      • 84.2(7) Eligible financial contracts
        s. 84.2(7)
      • 84.2(8) Permitted actions
        s. 84.2(8)
      • 84.2(9) Net termination values
        s. 84.2(9)
    • Partnership Property
      s. 85
      • 85(1) Application to limited partnerships
        s. 85(1)
      • 85(2) Actions by trustee and bankrupt’s partner
        s. 85(2)
      • 85(3) Notice to partner
        s. 85(3)
    • Crown Interests
      s. 86
      • 86(1) Status of Crown claims
        s. 86(1)
      • 86(2) Exceptions
        s. 86(2)
      • 86(3) Exceptions
        s. 86(3)
      • 87(1) Statutory Crown securities
        s. 87(1)
      • 87(2) Idem
        s. 87(2)
    • Priority of Financial Collateral
      s. 88
      • 88 Priority
        s. 88
      • 89 and 90
        s. 89 and 90
    • Preferences and Transfers at Undervalue
      s. 91
      • 91
        s. 91
      • 92 and 93
        s. 92 and 93
      • 94
        s. 94
      • 95(1) Preferences
        s. 95(1)
      • 95(2) Preference presumed
        s. 95(2)
      • 95(2.1) Exception
        s. 95(2.1)
      • 95(3) Definitions
        s. 95(3)
      • 96(1) Transfer at undervalue
        s. 96(1)
      • 96(2) Establishing values
        s. 96(2)
      • 96(3) Meaning of person who is privy
        s. 96(3)
      • 97(1) Protected transactions
        s. 97(1)
      • 97(2) Definition of adequate valuable consideration
        s. 97(2)
      • 97(3) Law of set-off or compensation
        s. 97(3)
      • 98(1) Recovering proceeds if transferred
        s. 98(1)
      • 98(2) Trustee may recover
        s. 98(2)
      • 98(3) Operation of section
        s. 98(3)
      • 98(4) Trustee subrogated
        s. 98(4)
      • 98.1(1) General assignments of book debts ineffective
        s. 98.1(1)
      • 98.1(2) Foregoing provisions not to apply in some cases
        s. 98.1(2)
      • 98.1(3) Other cases
        s. 98.1(3)
      • 98.1(4) Definition of assignment
        s. 98.1(4)
      • 99(1) Dealings with undischarged bankrupt
        s. 99(1)
      • 99(2) Receipt of money by banker
        s. 99(2)
      • 100
        s. 100
      • 101(1) Inquiry into dividends, redemption of shares or compensation
        s. 101(1)
      • 101(2) Judgment against directors
        s. 101(2)
      • 101(2.01) Judgment against directors — compensation
        s. 101(2.01)
      • 101(2.1) Criteria
        s. 101(2.1)
      • 101(2.2) Judgment against shareholders
        s. 101(2.2)
      • 101(3) Directors exonerated by law
        s. 101(3)
      • 101(3.1) Directors exonerated by law — compensation
        s. 101(3.1)
      • 101(4) Directors’ right to recover
        s. 101(4)
      • 101(5) Onus of proof — directors
        s. 101(5)
      • 101(5.1) Onus of proof — directors
        s. 101(5.1)
      • 101(6) Onus of proof — shareholder
        s. 101(6)
      • 101.1(1) Application of sections 95 to 101
        s. 101.1(1)
      • 101.1(2) Interpretation
        s. 101.1(2)
      • 101.1(3) Application of sections 95 to 101 if proposal annulled
        s. 101.1(3)
      • 101.2
        s. 101.2
  • PART V — Administration of Estates
    s. 102
    • Meetings of Creditors
      s. 102
      • 102(1) First meeting of creditors
        s. 102(1)
      • 102(1.1) Extension of days
        s. 102(1.1)
      • 102(2) Documents to accompany notice
        s. 102(2)
      • 102(3) Information and notice
        s. 102(3)
      • 102(4) Publication in local paper by trustee
        s. 102(4)
      • 102(5) Purpose of meeting
        s. 102(5)
      • 103(1) Meetings during administration
        s. 103(1)
      • 103(2) Meetings convened by inspectors
        s. 103(2)
      • 104(1) Notice of subsequent meetings
        s. 104(1)
      • 104(2) Notice to creditors with proved claims
        s. 104(2)
    • Procedure at Meetings
      s. 105
      • 105(1) Chair of first meeting
        s. 105(1)
      • 105(2) Chair of subsequent meetings
        s. 105(2)
      • 105(3) Casting vote
        s. 105(3)
      • 105(4) Minutes of meeting
        s. 105(4)
      • 105(5) Non-receipt of notice by creditor
        s. 105(5)
      • 106(1) Quorum
        s. 106(1)
      • 106(2) Where no quorum
        s. 106(2)
      • 106(2.1) Idem
        s. 106(2.1)
      • 106(3) Adjournment with consent of meeting
        s. 106(3)
      • 107 How creditors shall vote
        s. 107
      • 108(1) Chair may admit or reject proof
        s. 108(1)
      • 108(2) Accept as proof
        s. 108(2)
      • 108(3) In case of doubt
        s. 108(3)
      • 109(1) Right of creditor to vote
        s. 109(1)
      • 109(2) Voting by proxy
        s. 109(2)
      • 109(3) Form of proxy
        s. 109(3)
      • 109(4) Debtor may not be proxyholder
        s. 109(4)
      • 109(5) Corporation
        s. 109(5)
      • 109(6) Vote of creditors not dealing at arm’s length
        s. 109(6)
      • 110(1) Claims acquired after date of bankruptcy
        s. 110(1)
      • 110(2) Exception
        s. 110(2)
      • 111 Creditor secured by bill or note
        s. 111
      • 112 Voting by secured creditor
        s. 112
      • 113(1) Trustee may vote
        s. 113(1)
      • 113(2) Trustee’s vote not to count in respect of certain resolutions
        s. 113(2)
      • 113(3) Persons not entitled to vote
        s. 113(3)
      • 114(1) Evidence of proceedings at meetings of creditors
        s. 114(1)
      • 114(2) Evidence of regularity
        s. 114(2)
      • 115 Votes
        s. 115
      • 115.1 Court order — interlocutory or permanent
        s. 115.1
    • Inspectors
      s. 116
      • 116(1) Resolution respecting inspectors
        s. 116(1)
      • 116(2) Persons not eligible
        s. 116(2)
      • 116(3) Powers
        s. 116(3)
      • 116(4) Filling vacancy
        s. 116(4)
      • 116(5) Revocation and replacement
        s. 116(5)
      • 117(1) Meetings
        s. 117(1)
      • 117(1.1) Participation by telephone, etc.
        s. 117(1.1)
      • 117(2) Trustee votes in case of tie
        s. 117(2)
      • 118 Obligation of trustee when inspectors fail to exercise their powers
        s. 118
      • 119(1) Creditors may override directions of inspectors
        s. 119(1)
      • 119(2) Decisions of inspectors subject to review by court
        s. 119(2)
      • 120(1) Inspector may not acquire property
        s. 120(1)
      • 120(2) Formal defects
        s. 120(2)
      • 120(3) Duty of inspectors
        s. 120(3)
      • 120(4) Approval of trustee’s final statement by inspectors
        s. 120(4)
      • 120(5) inspector’s expenses and fees
        s. 120(5)
      • 120(6) Special services
        s. 120(6)
    • Claims Provable
      s. 121
      • 121(1) Claims provable
        s. 121(1)
      • 121(2) Contingent and unliquidated claims
        s. 121(2)
      • 121(3) Debts payable at a future time
        s. 121(3)
      • 121(4) Family support claims
        s. 121(4)
      • 122(1) Claims provable in bankruptcy following proposal
        s. 122(1)
      • 122(2) Interest
        s. 122(2)
      • 123 Proof in respect of distinct contracts
        s. 123
    • Proof of Claims
      s. 124
      • 124(1) Creditors shall prove claims
        s. 124(1)
      • 124(2) Proof by delivery
        s. 124(2)
      • 124(3) Who may make proof of claims
        s. 124(3)
      • 124(4) Shall refer to account
        s. 124(4)
      • 125 Penalty for filing false claim
        s. 125
      • 126(1) Who may examine proofs
        s. 126(1)
      • 126(2) Worker’s wage claims
        s. 126(2)
    • Proof by Secured Creditors
      s. 127
      • 127(1) Proof by secured creditor
        s. 127(1)
      • 127(2) May prove whole claim on surrender
        s. 127(2)
      • 128(1) Proof may be requested
        s. 128(1)
      • 128(1.1) Where reply not received
        s. 128(1.1)
      • 128(2) Dividend on balance
        s. 128(2)
      • 128(3) Trustee may redeem security
        s. 128(3)
      • 129(1) May order security to be sold
        s. 129(1)
      • 129(2) Sale by public auction
        s. 129(2)
      • 129(4) Costs of sale
        s. 129(4)
      • 130 Creditor may require trustee to elect to exercise power
        s. 130
      • 131 Amended valuation by creditor
        s. 131
      • 132(1) Secured creditor may amend
        s. 132(1)
      • 132(2) Amendment at cost of creditor
        s. 132(2)
      • 132(3) Rights and liabilities of creditor where valuation amended
        s. 132(3)
      • 133 Exclusion for non-compliance
        s. 133
      • 134 No creditor to receive more than 100 cents in dollar
        s. 134
    • Admission and Disallowance of Proofs of Claim and Proofs of Security
      s. 135
      • 135(1) Trustee shall examine proof
        s. 135(1)
      • 135(1.1) Determination of provable claims
        s. 135(1.1)
      • 135(2) Disallowance by trustee
        s. 135(2)
      • 135(3) Notice of determination or disallowance
        s. 135(3)
      • 135(4) Determination or disallowance final and conclusive
        s. 135(4)
      • 135(5) Expunge or reduce a proof
        s. 135(5)
    • Scheme of Distribution
      s. 136
      • 136(1) Priority of claims
        s. 136(1)
      • 136(2) Payment as funds available
        s. 136(2)
      • 136(3) Balance of claim
        s. 136(3)
      • 137 Postponement of claims — creditor not at arm’s length
        s. 137
      • 138
        s. 138
      • 139 Postponement of claims of silent partners
        s. 139
      • 140 Postponement of wage claims of officers and directors
        s. 140
      • 140.1 Postponement of equity claims
        s. 140.1
      • 141 Claims generally payable rateably
        s. 141
      • 142(1) Partners and separate properties
        s. 142(1)
      • 142(2) Surplus of separate properties
        s. 142(2)
      • 142(3) Surplus of joint properties
        s. 142(3)
      • 142(4) Different properties
        s. 142(4)
      • 142(5) Costs out of joint and separate properties
        s. 142(5)
      • 143 Interest from date of bankruptcy
        s. 143
      • 144 Right of bankrupt to surplus
        s. 144
      • 145 Proceeds of liability insurance policy on motor vehicles
        s. 145
      • 146 Application of provincial law to lessors’ rights
        s. 146
      • 147(1) Levy payable out of dividends for supervision
        s. 147(1)
      • 147(2) Rate of levy
        s. 147(2)
    • Dividends
      s. 148
      • 148(1) Trustee to pay dividends as required
        s. 148(1)
      • 148(2) Disputed claims
        s. 148(2)
      • 148(3) No action for dividend
        s. 148(3)
      • 149(1) Notice that final dividend will be made
        s. 149(1)
      • 149(2) Court may extend time
        s. 149(2)
      • 149(3) Certain federal claims
        s. 149(3)
      • 149(4) No dividend allowed
        s. 149(4)
      • 150 Right of creditor who has not proved claim before declaration of dividend
        s. 150
      • 151 Final dividend and division of estate
        s. 151
      • 152(1) Statement of receipts and disbursements
        s. 152(1)
      • 152(2) Prescribed form
        s. 152(2)
      • 152(3) Copy to Superintendent
        s. 152(3)
      • 152(4) Superintendent may comment
        s. 152(4)
      • 152(5) Notice of final dividend, etc.
        s. 152(5)
      • 152(6) Objections
        s. 152(6)
      • 153 Dividends on joint and separate properties
        s. 153
      • 154(1) Unclaimed dividends and undistributed funds
        s. 154(1)
      • 154(2) Receiver General to pay claims
        s. 154(2)
    • Summary Administration
      s. 155
      • 155 Summary administration
        s. 155
      • 156 Fees and disbursements of trustee
        s. 156
      • 156.1 Agreement to pay fees and disbursements
        s. 156.1
      • 157 All other provisions of Act to apply
        s. 157
  • PART VI — Bankrupts
    s. 157.1
    • Counselling Services
      s. 157.1
      • 157.1(1) Counselling
        s. 157.1(1)
      • 157.1(2) Idem
        s. 157.1(2)
      • 157.1(3) Effect on automatic discharge
        s. 157.1(3)
    • Duties of Bankrupts
      s. 158
      • 158 Duties of bankrupt
        s. 158
      • 159 Where bankrupt is a corporation
        s. 159
      • 160 Performance of duties by imprisoned bankrupt
        s. 160
    • Examination of Bankrupts and Others
      s. 161
      • 161(1) Examination of bankrupt by official receiver
        s. 161(1)
      • 161(2) Record of examination
        s. 161(2)
      • 161(2.1) Record of examination available to creditors on request
        s. 161(2.1)
      • 161(3) Examination before another official receiver
        s. 161(3)
      • 161(4) Official receiver to report failure to attend
        s. 161(4)
      • 162(1) Inquiry by official receiver
        s. 162(1)
      • 162(3) Application of section 164
        s. 162(3)
      • 163(1) Examination of bankrupt and others by trustee
        s. 163(1)
      • 163(2) Examination of bankrupt, trustee and others by a creditor
        s. 163(2)
      • 163(3) Examination to be filed
        s. 163(3)
      • 164(1) Trustee may require books and property of bankrupt to be produced
        s. 164(1)
      • 164(2) Examination on failure to produce
        s. 164(2)
      • 164(3) Compelling attendance
        s. 164(3)
      • 165(1) Admission of debt
        s. 165(1)
      • 165(2) Admission of having bankrupt’s property
        s. 165(2)
      • 166 Penalty for failure to attend for examination
        s. 166
      • 167 Questions must be answered
        s. 167
    • Arrest of Bankrupts
      s. 168
      • 168(1) Arrest of bankrupts under certain circumstances
        s. 168(1)
      • 168(2) Payments after arrest
        s. 168(2)
    • Discharge of Bankrupts
      s. 168.1
      • 168.1(1) Automatic discharge
        s. 168.1(1)
      • 168.1(2) Application not precluded
        s. 168.1(2)
      • 168.1(3) Application of other provisions
        s. 168.1(3)
      • 168.1(4) Notice of impending discharge
        s. 168.1(4)
      • 168.1(5) Effect of automatic discharge
        s. 168.1(5)
      • 168.1(6) Certificate
        s. 168.1(6)
      • 168.2(1) Oppositions to automatic discharge
        s. 168.2(1)
      • 168.2(2) Application for hearing
        s. 168.2(2)
      • 169(1) Bankruptcy to operate as application for discharge
        s. 169(1)
      • 169(2) Appointment to be obtained by trustee
        s. 169(2)
      • 169(4) Bankrupt corporation
        s. 169(4)
      • 169(5) Fees and disbursements of trustee
        s. 169(5)
      • 169(6) Notice to creditors
        s. 169(6)
      • 169(7) Procedure when trustee not available
        s. 169(7)
      • 170(1) Trustee to prepare report
        s. 170(1)
      • 170(2) Filing and service of report
        s. 170(2)
      • 170(3) Superintendent may file report
        s. 170(3)
      • 170(4) Representation by counsel
        s. 170(4)
      • 170(5) Evidence at hearing
        s. 170(5)
      • 170(6) Right of bankrupt to oppose statements in report
        s. 170(6)
      • 170(7) Right of creditors to oppose
        s. 170(7)
      • 170.1(1) Mediation required — paragraphs 173(1)(m) and (n)
        s. 170.1(1)
      • 170.1(2) Mediation procedure
        s. 170.1(2)
      • 170.1(3) Court hearing
        s. 170.1(3)
      • 170.1(4) Certificate of discharge
        s. 170.1(4)
      • 170.1(5) File
        s. 170.1(5)
      • 171(1) Trustee’s report
        s. 171(1)
      • 171(2) Report to persons concerned
        s. 171(2)
      • 171(3) Report to official receiver
        s. 171(3)
      • 171(4) Application to court regarding report
        s. 171(4)
      • 171(5) Altering report to Superintendent
        s. 171(5)
      • 171(6) Exoneration from liability
        s. 171(6)
      • 172(1) Court may grant or refuse discharge
        s. 172(1)
      • 172(2) Powers of court to refuse or suspend discharge or grant conditional discharge
        s. 172(2)
      • 172(3) Court may modify after year
        s. 172(3)
      • 172(4) Power to suspend
        s. 172(4)
      • 172.1(1) Exception — personal income tax debtors
        s. 172.1(1)
      • 172.1(2) Appointment to be obtained by trustee
        s. 172.1(2)
      • 172.1(3) Powers of court to refuse or suspend discharge or grant conditional discharge
        s. 172.1(3)
      • 172.1(4) Factors to be considered
        s. 172.1(4)
      • 172.1(5) Requirements if discharge suspended
        s. 172.1(5)
      • 172.1(6) Court may modify after year
        s. 172.1(6)
      • 172.1(7) Power to suspend
        s. 172.1(7)
      • 172.1(8) Meaning of personal income tax debt
        s. 172.1(8)
      • 173(1) Facts for which discharge may be refused, suspended or granted conditionally
        s. 173(1)
      • 173(2) Application to farmers
        s. 173(2)
      • 174 Assets of bankrupt when deemed equal to fifty cents in dollar
        s. 174
      • 175(1) Court may grant certificates
        s. 175(1)
      • 175(2) Appeal
        s. 175(2)
      • 176(1) Duty of bankrupt on conditional discharge
        s. 176(1)
      • 176(2) Penalty for failure to comply
        s. 176(2)
      • 176(3) Trustee to distribute funds payable under conditional discharge
        s. 176(3)
      • 177
        s. 177
      • 178(1) Debts not released by order of discharge
        s. 178(1)
      • 178(1.1) Court may order non-application of subsection (1)
        s. 178(1.1)
      • 178(2) Claims released
        s. 178(2)
      • 179 Partner or co-trustee not released
        s. 179
      • 180(1) Court may annul discharge
        s. 180(1)
      • 180(2) Annulment of discharge obtained by fraud
        s. 180(2)
      • 180(3) Effect of annulment of discharge
        s. 180(3)
      • 181(1) Power of court to annul bankruptcy
        s. 181(1)
      • 181(2) Effect of annulment of bankruptcy
        s. 181(2)
      • 181(3) Final statement of receipts and disbursements
        s. 181(3)
      • 182 Stay on issue of order
        s. 182
  • PART VII — Courts and Procedure
    s. 183
    • Jurisdiction of Courts
      s. 183
      • 183(1) Courts vested with jurisdiction
        s. 183(1)
      • 183(1.1) Superior Court jurisdiction in the Province of Quebec
        s. 183(1.1)
      • 183(2) Courts of appeal — common law provinces
        s. 183(2)
      • 183(2.1) Court of Appeal of the Province of Quebec
        s. 183(2.1)
      • 183(3) Supreme Court of Canada
        s. 183(3)
      • 184 Appointment of officers
        s. 184
      • 185(1) Assignment of judges to bankruptcy work by Chief Justice
        s. 185(1)
      • 185(2) No diminution of powers
        s. 185(2)
      • 186 Exercise of power by judges of other courts on appointment by Minister
        s. 186
    • Authority of the Courts
      s. 187
      • 187(1) Seal of court
        s. 187(1)
      • 187(2) Court not subject to be restrained
        s. 187(2)
      • 187(3) Power of judge in chambers
        s. 187(3)
      • 187(4) Periodical sittings
        s. 187(4)
      • 187(5) Court may review, etc.
        s. 187(5)
      • 187(6) Enforcement of orders
        s. 187(6)
      • 187(7) Transfer of proceedings to another division
        s. 187(7)
      • 187(8) Trial of issue, etc.
        s. 187(8)
      • 187(9) Formal defect not to invalidate proceedings
        s. 187(9)
      • 187(10) Proceedings taken in wrong court
        s. 187(10)
      • 187(11) Court may extend time
        s. 187(11)
      • 187(12) Court may dispense with certain requirements respecting notices
        s. 187(12)
      • 188(1) Enforcement of orders of other courts
        s. 188(1)
      • 188(2) Courts to be auxiliary to each other
        s. 188(2)
      • 188(3) Enforcement of warrants
        s. 188(3)
      • 189(1) Search warrants
        s. 189(1)
      • 189(1.1) Use of force
        s. 189(1.1)
      • 189(2) Commitment to prison
        s. 189(2)
      • 190(1) Evidence of proceedings in bankruptcy
        s. 190(1)
      • 190(2) Documentary evidence as proof
        s. 190(2)
      • 191 Death of bankrupt, witness, etc.
        s. 191
    • Powers of Registrar
      s. 192
      • 192(1) Powers of registrar
        s. 192(1)
      • 192(2) May be exercised by judge
        s. 192(2)
      • 192(3) Registrar may not commit
        s. 192(3)
      • 192(4) Appeal from registrar
        s. 192(4)
      • 192(5) Order of registrar
        s. 192(5)
      • 192(6) Reference to judge
        s. 192(6)
      • 192(7) Judge may hear
        s. 192(7)
      • 192(8) Registrars to act for each other
        s. 192(8)
    • Appeals
      s. 193
      • 193 Court of Appeal
        s. 193
      • 194 Appeal to Supreme Court
        s. 194
      • 195 Stay of proceedings on filing of appeal
        s. 195
      • 196 No stay of proceedings unless ordered
        s. 196
    • Legal Costs
      s. 197
      • 197(1) Costs in discretion of court
        s. 197(1)
      • 197(2) How costs awarded
        s. 197(2)
      • 197(3) Personal liability of trustee for costs
        s. 197(3)
      • 197(4) When costs payable
        s. 197(4)
      • 197(6) Priority of payment of legal costs
        s. 197(6)
      • 197(6.1) Costs of discharge opposed
        s. 197(6.1)
      • 197(7) Costs where opposition frivolous or vexatious
        s. 197(7)
  • PART VIII — Offences
    s. 198
    • 198(1) Bankruptcy offences
      s. 198(1)
    • 198(2) Failure to comply with duties
      s. 198(2)
    • 199 Failure to disclose fact of being undischarged
      s. 199
    • 200(1) Bankrupt failing to keep proper books of account
      s. 200(1)
    • 200(2) Proper books of account defined
      s. 200(2)
    • 201(1) False claim, etc.
      s. 201(1)
    • 201(2) Inspectors accepting unlawful fee
      s. 201(2)
    • 201(3) Unlawful transactions
      s. 201(3)
    • 202(1) Other offences
      s. 202(1)
    • 202(2) Offence and punishment
      s. 202(2)
    • 202(2.1) Idem
      s. 202(2.1)
    • 202(3) Exception
      s. 202(3)
    • 202(4) Idem
      s. 202(4)
    • 202(5) Witnesses failing to attend, etc.
      s. 202(5)
    • 203 Punishment for removal of bankrupt’s property without notice
      s. 203
    • 203.1 Acting while licence suspended or cancelled
      s. 203.1
    • 203.2 Acting contrary to conditions or limitations
      s. 203.2
    • 204 Officers, etc., of corporations
      s. 204
    • 204.1 Community service
      s. 204.1
    • 204.2(1) Variation of sanctions
      s. 204.2(1)
    • 204.2(2) Notice
      s. 204.2(2)
    • 204.2(3) Limitation
      s. 204.2(3)
    • 204.3(1) Compensation for loss
      s. 204.3(1)
    • 204.3(2) Enforceability of order
      s. 204.3(2)
    • 205(1) Report on offences to be made by trustee
      s. 205(1)
    • 205(2) Report by inspectors and others
      s. 205(2)
    • 205(3) Court may authorize criminal proceedings
      s. 205(3)
    • 205(4) Initiation of criminal proceedings by the trustee
      s. 205(4)
    • 206(1) Report of offence
      s. 206(1)
    • 206(2) Copy to Superintendent
      s. 206(2)
    • 207 Substance of offence charged in indictment
      s. 207
    • 208 Time within which prosecutions to be commenced
      s. 208
  • PART IX — Miscellaneous Provisions
    s. 209
    • 209(1) General Rules
      s. 209(1)
    • 209(4) To be judicially noticed
      s. 209(4)
    • 210 and 211
      s. 210 and 211
    • 212 Rights of banks, etc.
      s. 212
    • 213 Winding-up and Restructuring Act not to apply
      s. 213
    • 214 Fees to officers of the court
      s. 214
    • 215 No action against Superintendent, etc., without leave of court
      s. 215
    • 215.1 Claims in foreign currency
      s. 215.1
    • 216
      s. 216
  • PART X — Orderly Payment of Debts
    s. 217
    • 217 Definitions
      s. 217
    • 218(1) Application
      s. 218(1)
    • 218(2) Exception
      s. 218(2)
    • 218(3) Idem
      s. 218(3)
    • 219(1) Application for consolidation order
      s. 219(1)
    • 219(2) Affidavit to be filed
      s. 219(2)
    • 220(1) Duties of clerk
      s. 220(1)
    • 220(2) Notice to be given
      s. 220(2)
    • 220(3) Idem
      s. 220(3)
    • 220(4) Register
      s. 220(4)
    • 221(1) Objection by creditor
      s. 221(1)
    • 221(2) Idem
      s. 221(2)
    • 221(3) Notice of objection
      s. 221(3)
    • 222 Adding additional creditors
      s. 222
    • 223(1) Hearing of objections
      s. 223(1)
    • 223(2) Issue of order
      s. 223(2)
    • 224 Issue of consolidation order
      s. 224
    • 225(1) Contents of consolidation order
      s. 225(1)
    • 225(2) Effect of order
      s. 225(2)
    • 226(1) Consolidation order not to be issued
      s. 226(1)
    • 226(1.1) Deemed consent
      s. 226(1.1)
    • 226(2) Referral to court
      s. 226(2)
    • 227(1) Review of consolidation order
      s. 227(1)
    • 227(2) Decision to be entered
      s. 227(2)
    • 228 Terms may be imposed on debtor
      s. 228
    • 229 Process stayed by consolidation order
      s. 229
    • 230(1) Assignments of debtor’s property to clerk
      s. 230(1)
    • 230(2) Notification
      s. 230(2)
    • 230(3) Writ of execution
      s. 230(3)
    • 231(1) Adding creditors after order
      s. 231(1)
    • 231(2) Court to decide
      s. 231(2)
    • 231(3) Notice
      s. 231(3)
    • 231(4) Creditor to share
      s. 231(4)
    • 232(1) Secured claims
      s. 232(1)
    • 232(2) Proceeds in excess
      s. 232(2)
    • 232(3) Exemption
      s. 232(3)
    • 232(4) Reduced claim
      s. 232(4)
    • 232(5) Exception
      s. 232(5)
    • 233(1) Enforcement of order in default of debtor
      s. 233(1)
    • 233(3) Proceedings authorized
      s. 233(3)
    • 233(4) Moneys applied to judgment
      s. 233(4)
    • 233(5) Proceedings where continuing default
      s. 233(5)
    • 233(6) Debtor not entitled to relief
      s. 233(6)
    • 234(1) Re-examination of debtor
      s. 234(1)
    • 234(2) Idem
      s. 234(2)
    • 234(3) Notice of hearing
      s. 234(3)
    • 234(4) Clerk may vary order, etc.
      s. 234(4)
    • 234(5) Application of section 227
      s. 234(5)
    • 235(1) Disposition of moneys paid into court
      s. 235(1)
    • 235(2) Idem
      s. 235(2)
    • 235(3) Payments less than five dollars
      s. 235(3)
    • 236(1) Oaths
      s. 236(1)
    • 236(2) Record
      s. 236(2)
    • 237(1) If assignment or bankruptcy order made
      s. 237(1)
    • 237(2) Proceedings may be taken under other Parts
      s. 237(2)
    • 237(3) Idem
      s. 237(3)
    • 238 Appeal
      s. 238
    • 239(1) Clerk to report
      s. 239(1)
    • 239(2) Idem
      s. 239(2)
    • 239.1 No dismissal, etc., of employees
      s. 239.1
    • 239.2(1) No discontinuance of public utilities
      s. 239.2(1)
    • 239.2(2) Cash payments
      s. 239.2(2)
    • 240 Regulations
      s. 240
    • 241 Audit of proceedings
      s. 241
    • 242(1) Application of this Part
      s. 242(1)
    • 242(2) Automatic application
      s. 242(2)
  • PART XI — Secured Creditors and Receivers
    s. 243
    • 243(1) Court may appoint receiver
      s. 243(1)
    • 243(1.1) Restriction on appointment of receiver
      s. 243(1.1)
    • 243(2) Definition of receiver
      s. 243(2)
    • 243(3) Definition of receiver — subsection 248(2)
      s. 243(3)
    • 243(4) Trustee to be appointed
      s. 243(4)
    • 243(5) Place of filing
      s. 243(5)
    • 243(6) Orders respecting fees and disbursements
      s. 243(6)
    • 243(7) Meaning of disbursements
      s. 243(7)
    • 244(1) Advance notice
      s. 244(1)
    • 244(2) Period of notice
      s. 244(2)
    • 244(2.1) No advance consent
      s. 244(2.1)
    • 244(3) Exception
      s. 244(3)
    • 244(4) Idem
      s. 244(4)
    • 245(1) Receiver to give notice
      s. 245(1)
    • 245(2) Idem
      s. 245(2)
    • 245(3) Names and addresses of creditors
      s. 245(3)
    • 246(1) Receiver’s statement
      s. 246(1)
    • 246(2) Receiver’s interim reports
      s. 246(2)
    • 246(3) Receiver’s final report and statement of accounts
      s. 246(3)
    • 246.1(1) Intellectual property — sale or disposition
      s. 246.1(1)
    • 246.1(2) Intellectual property — disclaimer or resiliation
      s. 246.1(2)
    • 247 Good faith, etc.
      s. 247
    • 248(1) Powers of court
      s. 248(1)
    • 248(2) Idem
      s. 248(2)
    • 249 Receiver may apply to court for directions
      s. 249
    • 250(1) Right to apply to court
      s. 250(1)
    • 250(2) Where inconsistency
      s. 250(2)
    • 251 Protection of receivers
      s. 251
    • 252 Defence available
      s. 252
  • PART XII — Securities Firm Bankruptcies
    s. 253
    • Interpretation
      s. 253
      • 253 Definitions
        s. 253
    • General
      s. 254
      • 254(1) Application of other provisions
        s. 254(1)
      • 254(2) Application of transaction provisions
        s. 254(2)
      • 254(3) Non-application
        s. 254(3)
      • 254(4) Termination, netting or setting off or compensation
        s. 254(4)
      • 254(5) Secured creditors
        s. 254(5)
      • 255 Conflicts
        s. 255
      • 256(1) Applications re securities firm
        s. 256(1)
      • 256(2) Interpretation
        s. 256(2)
      • 256(3) Service on securities commission
        s. 256(3)
      • 257 Statement of customer account
        s. 257
      • 258(1) Deferred customers
        s. 258(1)
      • 258(2) Application by customer compensation body
        s. 258(2)
      • 259 Trustee powers
        s. 259
      • 260 Determination of customer name securities
        s. 260
    • Distribution of Estate
      s. 261
      • 261(1) Vesting of securities, etc., in trustee
        s. 261(1)
      • 261(2) Establishment of a customer pool fund and a general fund
        s. 261(2)
      • 262(1) Allocation and distribution of cash and securities in customer pool fund
        s. 262(1)
      • 262(1.1) Where property deposited with securities firm under an EFC
        s. 262(1.1)
      • 262(2) Distribution
        s. 262(2)
      • 262(2.1) Compensation in kind
        s. 262(2.1)
      • 262(3) Allocation of property in the general fund
        s. 262(3)
      • 263(1) Delivery of customer name securities
        s. 263(1)
      • 263(2) Where customer indebted to securities firm
        s. 263(2)
      • 263(3) Customer indebted to securities firm
        s. 263(3)
      • 264 Trustee to consult customer compensation body
        s. 264
      • 265 Late claims
        s. 265
    • Accounting of Trustee
      s. 266
      • 266 Statement of trustee required
        s. 266
  • PART XIII — Cross-border Insolvencies
    s. 267
    • Purpose
      s. 267
      • 267 Purpose
        s. 267
    • Interpretation
      s. 268
      • 268(1) Definitions
        s. 268(1)
      • 268(2) Centre of debtor’s main interests
        s. 268(2)
    • Recognition of Foreign Proceeding
      s. 269
      • 269(1) Application for recognition of a foreign proceeding
        s. 269(1)
      • 269(2) Documents that must accompany application
        s. 269(2)
      • 269(3) Documents may be considered as proof
        s. 269(3)
      • 269(4) Other evidence
        s. 269(4)
      • 269(5) Translation
        s. 269(5)
      • 270(1) Order recognizing foreign proceeding
        s. 270(1)
      • 270(2) Nature of foreign proceeding to be specified
        s. 270(2)
      • 271(1) Effects of recognition of a foreign main proceeding
        s. 271(1)
      • 271(2) When subsection (1) does not apply
        s. 271(2)
      • 271(3) Exceptions
        s. 271(3)
      • 271(4) Application of this and other Acts
        s. 271(4)
      • 272(1) Orders
        s. 272(1)
      • 272(2) Restriction
        s. 272(2)
      • 272(3) Application of this and other Acts
        s. 272(3)
      • 273 Terms and conditions of orders
        s. 273
      • 274 Commencement or continuation of proceedings
        s. 274
    • Obligations
      s. 275
      • 275(1) Cooperation — court
        s. 275(1)
      • 275(2) Cooperation — other authorities in Canada
        s. 275(2)
      • 275(3) Forms of cooperation
        s. 275(3)
      • 276 Obligations of foreign representative
        s. 276
    • Multiple Proceedings
      s. 277
      • 277 Concurrent proceedings
        s. 277
      • 278(1) Multiple foreign proceedings
        s. 278(1)
      • 278(2) Multiple foreign proceedings
        s. 278(2)
    • Miscellaneous Provisions
      s. 279
      • 279 Authorization to act as representative of proceeding under this Act
        s. 279
      • 280 Foreign representative status
        s. 280
      • 281 Foreign proceeding appeal
        s. 281
      • 282 Presumption of insolvency
        s. 282
      • 283(1) Credit for recovery in other jurisdictions
        s. 283(1)
      • 283(2) Restriction
        s. 283(2)
      • 284(1) Court not prevented from applying certain rules
        s. 284(1)
      • 284(2) Public policy exception
        s. 284(2)
  • PART XIV — Review of Act
    s. 285
    • 285(1) Review of Act
      s. 285(1)
    • 285(2) Reference to parliamentary committee
      s. 285(2)
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