juris

Section 12:

Bankruptcy Act · SECOND SCHEDULE

consolidated text (as at 2000). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

12. (1) No person acting either under a general or special proxy shall vote in favour of any resolution which would directly or indirectly place himself, his partner or employer, in a position to receive any remuneration out of the estate of the debtor otherwise than as a creditor rateably with the other creditors of the debtor. (2) Where any person holds special proxies to vote for the appointment of himself as trustee, he may use the proxies and vote accordingly.

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