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Section 55: Property of bankrupt’s spouse

Bankruptcy Act · PART III: ADMINISTRATION OF PROPERTY

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.

55. Property of bankrupt’s spouse (1) Notwithstanding any other enactment, in all marriages and in cases of judicial separation, unless the contrary is proved, it is presumed that all property acquired by the bankrupt’s spouse is the property of the bankrupt and that it was paid for with his money and forms part of his assets. (2) Where the bankrupt’s spouse has paid any of the bankrupt’s debt it shall be presumed, until the contrary is proved, that he did so with the bankrupt’s money. 56. – 58. —

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