Commonwealth Consolidated Acts

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Distribution of dividends where bankrupt fails to file statement of affairs

    Where a bankrupt has failed to file a statement of his or her affairs as required by this Act, the Court may, on the application of the trustee, upon such terms as it thinks fit, order that distribution of dividends amongst the creditors who have proved their debts shall proceed in accordance with this Division   as if the bankrupt had filed a statement of his or her affairs and those creditors had been stated to be creditors in it.

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