Bankruptcy and Insolvency Act ( R.S.C. , 1985, c. B-3)
the Minister may delegate the Minister’s powers, duties and functions under subsection 14(2) to any person other than the Superintendent, by written instrument, on such terms and conditions as are therein specified.
- (2) Section 47 of the Bankruptcy Act , as that section read immediately before the coming into force of subsection (1), continues to apply in relation to proposals filed before the coming into force of that subsection.
- (3) Sections 47 to 47.2 of the Bankruptcy and Insolvency Act , as enacted by subsection (1), do not apply to interim receivers appointed before the coming into force of those sections.
Application
- (2) Section 68.1 of the Bankruptcy and Insolvency Act , as enacted by subsection (1), only applies to debtors who become bankrupt after the coming into force of that section.
- (2) Section 69 of the Bankruptcy Act , as that section read immediately before the coming into force of this subsection, continues to apply in relation to proposals filed, or bankruptcies occurring, before the coming into force of this subsection.
- (2) Sections 81.1 and 81.2 of the Bankruptcy and Insolvency Act , as enacted by subsection (1), apply only in relation to goods and products delivered after the coming into force of those sections.
- (2) Section 101.2 of the Bankruptcy and Insolvency Act , as enacted by subsection (1), only applies to debtors who become bankrupt after the coming into force of that section.
- (2) Subsection 121(1) of the Bankruptcy and Insolvency Act , as enacted by subsection (1), only applies to bankrupts who become bankrupt after the coming into force of that subsection.
- (3) Paragraph 136(1)(d) of the Bankruptcy Act , as that paragraph read immediately before the coming into force of subsection (1) of this section, continues to apply in relation to bankruptcies occurring before the coming into force of that subsection.
- (2) Section 168.1 of the Bankruptcy and Insolvency Act , as enacted by subsection (1), applies to an individual who became bankrupt before the coming into force of that section only in a case where no application for a discharge hearing was made under subsection 169(2) or (3) before the coming into force of section 168.1.
- (3) Where, by virtue of subsection (2), section 168.1 of the Bankruptcy and Insolvency Act applies to an individual who became bankrupt more than seven months before the coming into force of that section, then
- (a) the words “eight month period immediately following the date on which a receiving order is made against, or an assignment is made by, the individual bankrupt” in paragraph 168.1(1)(a) shall be read as “one month period immediately following the coming into force of this section”;
- (b) the words “nine month period immediately following the bankruptcy” in paragraphs 168.1(1)(b), (c), (d) and (f) shall be read as “two month period immediately following the coming into force of this section”;
- (c) the word “nine” in subparagraphs 168.1(1)(f)(i) and (ii) shall be read as “two”; and
- (d) the words “nine month period immediately following the bankruptcy” in subsection 168.1(2) shall be read as “two month period immediately following the coming into force of this section”.
- (2) Part XI of the Bankruptcy and Insolvency Act , as enacted by subsection (1), applies only in relation to persons who become receivers after the coming into force of this subsection.
