ORDINANCE No. 5 OF 1864.
Bankruptcy and Insolvency.
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have been left at the office as aforesaid, and a copy of such entry shall be published in the Hongkong Government Gazette as soon as reasonably can be done after, but in no case later than ten days from, the time of making such entry.
165. Every deed, instrument, or agreement whatsoever, made and executed by which a debtor not being a bankrupt conveys or covenants or agrees to convey his estate and effects except such portion thereof as aforesaid for the benefit of his creditors, or makes any arrangement or agreement with his creditors or any person on their behalf for the distribution, inspection, conduct, management, or winding up of his affairs or estate, or the release or discharge of such debtor from his debts or liabilities, shall, within twenty-eight days from and after the execution thereof by such debtor or within such further time as the Court shall allow, be registered in the Court: and in default thereof shall not be received in evidence.
166. Every such deed on being so registered as aforesaid, shall have a memorandum thereof written on the face of such deed, stating the day and the hour of the day at which the same was brought into the office of the Registrar for registration.
Gazette.
Deed to be registered in the Court and in default not to be received in evidence.
Memorandum of registration.
Jurisdiction of the Court and liabilities of the parties after registration of deed.
167. From and after the registration of every such deed or instrument in manner aforesaid, the debtor and creditors, and trustees parties to such deed, or who have assented thereto or are bound thereby, shall in all matters relating to the estate and effects of such debtor be subject to the jurisdiction of the Court, and shall respectively have the benefit of and be liable to all the provisions of this Ordinance, in the same or like manner as if the debtor had been adjudged bankrupt, and the creditors had proved and the trustees had been appointed Creditors' Assignees under such bankruptcy: and the existing or future trustees of any such deed or instrument and the creditors under the same, shall as between themselves respectively, and as between themselves and the debtor and against third persons, have the same powers, right and remedies, with respect to the debtor and his estate and effects, and the collection and recovery of the same, as are possessed or may be used or exercised by assignees or creditors with respect to the bankrupt, or his acts, estate and effects in bankruptcy: and, except where the deed shall expressly provide otherwise, the Court shall determine all questions arising under the deed according to the law and practice in bankruptcy so far as they
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