March 4, 1935 (17th Parliament, 6th Session)

UFA

Alfred Speakman

United Farmers of Alberta

Mr. SPEAKMAN:

That was not my
understanding as I followed the legislation in this house and in the province. My understanding was that part I of the Bankruptcy Act came into force in the case of an individual farmer only after the proposal had been confirmed and filed with the courts. Up to that time he could commit no breach of conditions until the proposal had been filed with the court. Until the proposal had been filed with the court and the operation was complete he would still be exempt under part I of the Bankruptcy Act and therefore would be subject to the court procedure of the province in respect to proceedings by creditors. That was my understanding, and I am glad that in large measure it has been confirmed by the minister.

Topic:   1C35
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