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StatuteBankruptcy and Insolvency Act

Section 143 — Bankruptcy and Insolvency Act: Interest from date of bankruptcy

Text of the provision Official document

Where there is a surplus after payment of the claims as provided in sections 136 to 142, it shall be applied in payment of interest from the date of the bankruptcy at the rate of five per cent per annum on all claims proved in the bankruptcy and according to their priority.

Official source: laws-lois.justice.gc.ca

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