CTHRepealedAct
Bankruptcy Act 1924
Debtor’s petition and order thereon.Debtor’s petition and order thereon.
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### Debtor’s petition and order thereon.
E.B.A., s. 6.
N.S.W., s. 9.
Vic., s. 45.
S.A., s. 86.
W.A., s. 8.
Q., ss. 40–43.
57. A debtor’s petition shall allege that he is unable to pay his debts, and the presentation thereof shall be deemed an act of bankruptcy without the previous filing of any declaration of inability to pay his debts, and the Court shall thereupon make a sequestration order:
Provided, however, that the Court may, if it thinks fit, refuse to make a sequestration order if the unsecured liabilities of the petitioning debtor are under Fifty pounds.