Section 54: Interpretation
consolidated text (as at 2011, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
54. Interpretation
In this Act—
“insolvency” means a judicial application for leave to make a cessio
bonorum, or for a full discharge of debts;
“insolvent” means a person who makes a judicial application for leave
to make a cessio bonorum, or for a full discharge of debts.