Section 7:
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.
7. Saving provision for liquidation that has commenced
If the adjudication or winding up of a debtor has commenced before this Act
came into force, that debtor’s property must be applied in accordance with the
priorities that applied prior to the commencement of this Act.