juris

Section 8:

Bankruptcy Act · THIRD 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.

8. A creditor proving his debt shall deduct from it all trade discounts, but he shall not be compelled to deduct any discount not exceeding 5 per cent on the net amount of his claim, which he may have agreed to allow for payment in cash.

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