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StatuteBankruptcy Act 1966

Section 87 — Bankruptcy Act 1966: Deduction of discounts

Text of the provision Official document

In proving a debt, a creditor shall make an allowance for all discounts for which an allowance would have been made if the debtor had not become a bankrupt.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.