Section 364: Interpretation of Part VI
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.
364. Interpretation of Part VI
In this Part—
“insolvency proceeding” means a collective judicial or administrative
proceeding, including an interim proceeding, pursuant to a law relating to
insolvency (whether personal or corporate) in which the assets and affairs
of a debtor are subject to control or supervision by a judicial or other authority competent to control or supervise that proceeding, for the purpose
of reorganisation or liquidation;
“Model Law” means the Model Law on Cross-Border Insolvency
adopted by the United Nations Commission on International Trade Law on
30 May 1997 and approved by the General Assembly of the United Nations on 15 December 1997.
(S. 364 not in operation.)