Conveyance by debtor to trustees.Conveyance by debtor to trustees.

### Conveyance by debtor to trustees. S.A., s. 269. W.A., 1898, s. 11. (5.) The debtor shall, within seven days after the passing of the resolution, convey and assign his real and personal estate by deed, for the benefit of his creditors, to the trustee named in the resolution. (6.) If the trustee under the deed serves, in the prescribed manner, on any creditor, notice in writing of the execution of the deed and that the assents required for the validity of the deed have been obtained with an intimation that the creditor will not after the expiration of one month from the service of the notice be entitled to present a bankruptcy petition against the debtor founded on the execution of the deed or on any other act committed by the debtor in the course or for the purpose of the proceedings preliminary to the execution of the deed as an act of bankruptcy, that creditor shall not, after the expiration of that period, unless the deed becomes void, be entitled to present a bankruptcy petition against the debtor founded on the execution of the deed or any act so committed by the debtor as an act of bankruptcy. (7.) The provisions so far as applicable of Division 6 of Part IV. of this Act shall apply to every deed of assignment as fully and effectually as if a sequestration order had been made against the debtor. (8.) The provisions so far as applicable of Part VIII. of this Act shall apply in relation to every trustee of a deed of assignment as if an order of sequestration had been made against the debtor and the trustee had been appointed trustee in the bankruptcy.