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Bankruptcy Act 1914

Act of the Parliament of the United Kingdom From Wikipedia, the free encyclopedia

Bankruptcy Act 1914
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The Bankruptcy Act 1914 (4 & 5 Geo. 5. c. 59) was an act of the Parliament of the United Kingdom which formed the primary source of UK insolvency law for approximately 70 years.[1] It came into force on 1 January 1915 repealing a number of earlier enactments. It was substantially repealed by the short-lived Insolvency Act 1985.[2]

Quick facts Long title, Citation ...

The act is generally regarded as a consolidation of earlier enactments relating to bankruptcy.

Although the act is expressed solely with reference to the bankruptcy of individuals, section 317 of the Companies Act 1948 applied many of its provisions to corporate insolvencies.[3]

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Provisions

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Repealed enactments

Section 168 of the act repealed ? enactments, listed in the sixth schedule to the act.

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Short title, commencement and extent

Section 169(1) of the act provided that the act may be cited as the Bankruptcy Act, 1914.

Section 169(2) of the act provided that the act would not extend to Scotland or Ireland unless expressly provided.

Section 169(3) of the act provided that the act would come into force on 1 January 1915.

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Legacy

Section 130 of the act repealed by section 56 of, and part I of the second schedule to, the Administration of Estates Act 1925 (15 & 16 Geo. 5. c. 23).

Notes

  1. Section 169(1).
  2. Section 169(2).
  3. Section 169(3).

References

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