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Bibliothèque Deeds of Arrangement Act (Cap. 54).

Deeds of Arrangement Act (Cap. 54).

Deeds of Arrangement Act (Cap. 54).
An Act of Parliament to regulate deeds of arrangement.

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This Act provides for matters relative to deeds of arrangement related to debt. The classes of instrument are: (a) an assignment of property (including land); (b) a deed of or agreement for a composition; and (c) in cases where creditors of the debtor obtain any control over his or her property or business. A deed of arrangement shall be void unless it is registered with the Registrar of Deeds of Arrangement under and in accordance with this Act. Deeds of arrangement also require assent by the majority of creditors. The Chief Justice may make rules for carrying into effect the objects of this Act.

Implemented by: Deeds of Arrangement Rules (Cap. 54). (2012-12-31)

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