Section 306: Procedure for proving debts
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
306. Procedure for proving debts
(1) The Second Schedule shall govern the manner in which a proof of
debt is to be submitted and is to be examined and the procedure to be followed in relation to the proving of debts, including the options available to a
secured creditor and the procedure to be followed by a secured creditor.
(2) The proof shall also comply with such other requirement as may be
prescribed.
(3) The creditor shall bear the costs of proving the debt, unless the Court
makes an order directing that the bankrupt’s estate or company in winding
up is to pay the creditor’s costs.