Law library · Sierra Leone · The Bankruptcy Act, 2009
Section 3, The Bankruptcy Act, 2009
Status not yet checkedThe Bankruptcy Act, 2009, Sierra Leone
(1) A bankruptcy notice shall- (a) be issued in the prescribed form and shall
require the debtor to pay the judgement debt
or sum ordered to be paid in accordance with
the terms of the judgement or order, or to
secure or compound for it to the satisfaction
of the creditor or the court;
(b) state the consequences of non-compliance
with the notice, and
(c) be served in the prescribed manner.
(2) A bankruptcy notice –
(a) may specify an agent to act on behalf of the
creditor in respect of any payment or other
thing required by the notice to be made to, or
done to the satisfaction of, the creditor;
(b) shall not be invalidated by reason only that
the sum specified in the notice as the amount
due exceeds the amount actually due, unless
the debtor within the time allowed for payment
gives notice to the creditor that he disputes
the validity of the notice on the ground of
such statement;
but if the debtor does not give the notice, he shall be deemed
to have complied with the bankruptcy notice if within the time allowed
he takes such steps as would have constituted compliance with the
notice had the actual amount due been correctly specified in it.
4 5
Bankruptcy
notices.
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