CTHRepealedAct
Bankruptcy Act 1924
Dealings with undischarged bankrupt.Dealings with undischarged bankrupt.
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### Dealings with undischarged bankrupt.
E.B.A., 1914, s. 47.
98.—(1.) All transactions by a bankrupt with any person dealing with him bonâ fide and for value, in respect of property, whether real or personal, acquired by the bankrupt after the sequestration, shall, if completed before any intervention by the trustee, be valid against the trustee, and any estate or interest in such property which by virtue of this Act is vested in the trustee shall determine and pass in such manner and to such extent as is required for giving effect to any such transaction.