Law library · Sierra Leone · The Bankruptcy Act, 2009
Section 66, The Bankruptcy Act, 2009
Status not yet checkedThe Bankruptcy Act, 2009, Sierra Leone
(1) Where one partner of a firm is adjudged bankrupt,a creditor to whom the bankrupt is indebted jointly with the other
partners of the firm, or any of them, shall not receive any dividend
out of the separate property of the bankrupt until all the separate
creditors have received the full amount of their respective debts.
(2) Where joint and separate properties are being
administered, dividends of the joint and separate properties shall,
unless otherwise directed by the court on the application of any
person interested, be declared together and the expenses of and
52 53
Power to allow
bankrupt to
manage
Allowance to
bankrupt for
maintenance
or service.
Right of
trustee to
inspect goods
pawned, etc.
Limitation of
trustee’s
powers in
relation to
copyright.
Protection of
receiver and
trustee from
personal
liability in
certain cases.
Declaration
and
distribution of
dividends.
Joint and
separate
dividends.
incidental to the dividends shall be fairly apportioned by the trustee
between the joint and separate properties, regard being had to work
done for and the benefit received by each property.
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