Act of Parliament | |
Long title | An Act to consolidate the Law relating to Bankruptcy. |
---|---|
Citation | 4 & 5 Geo. 5. c. 59 |
Territorial extent | England and Wales |
Dates | |
Royal assent | 10 August 1914 |
Commencement | 1 January 1915 |
Other legislation | |
Amended by | Insolvency Act 1985 |
Status: Partially repealed | |
Text of statute as originally enacted |
The Bankruptcy Act 1914 ( 4 & 5 Geo. 5. c. 59) was an Act of the Parliament of the United Kingdom which formed the primary source of UK insolvency law for approximately 70 years. [1] It came into force on 1 January 1915 repealing a number of earlier statutes. It was substantially repealed by the short-lived Insolvency Act 1985. [2]
The Act is generally regarded as a consolidation of earlier statutes relating to bankruptcy.
Although the Act is expressed solely with reference to the bankruptcy of individuals, section 317 of the Companies Act 1948 applied many of its provisions to corporate insolvencies. [3]
Act of Parliament | |
Long title | An Act to consolidate the Law relating to Bankruptcy. |
---|---|
Citation | 4 & 5 Geo. 5. c. 59 |
Territorial extent | England and Wales |
Dates | |
Royal assent | 10 August 1914 |
Commencement | 1 January 1915 |
Other legislation | |
Amended by | Insolvency Act 1985 |
Status: Partially repealed | |
Text of statute as originally enacted |
The Bankruptcy Act 1914 ( 4 & 5 Geo. 5. c. 59) was an Act of the Parliament of the United Kingdom which formed the primary source of UK insolvency law for approximately 70 years. [1] It came into force on 1 January 1915 repealing a number of earlier statutes. It was substantially repealed by the short-lived Insolvency Act 1985. [2]
The Act is generally regarded as a consolidation of earlier statutes relating to bankruptcy.
Although the Act is expressed solely with reference to the bankruptcy of individuals, section 317 of the Companies Act 1948 applied many of its provisions to corporate insolvencies. [3]