the-ordinances-of-the-legislative-counci-1890 — Page 665

ORDINANCE No. 5 OF 1864. 629


Bankruptcy and Insolvency.


have been left at the office as aforesaid , and a copy of such entry shall be Copy of entry
to be publish
published in the Hongkong Government Gazette as soon as reasonably ed in the
Hongkong
can be done after, but in no case later than ten days from, the time of Government
Gazette.
making such entry .

165. Every deed , instrument, or agreement whatsoever , made and Deed to be
registered in
executed by which a debtor not being a bankrupt conveys or covenants the Court and
in default
or agrees to convey his estate and effects except such portion thereof as not to be
received in
aforesaid for the benefit of his creditors , or makes any arrangement or evidence.
agreement with his creditors or any person on their behalf for the dis
tribution , 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 Memorandum
of registra
have a memorandum thereof written on the face of such deed, stating the tion.

day and the hour of the day at which the same was brought into the
office of the Registrar for registration .

167. From and after the registration of every such deed or instru Jurisdiction
of the Court
ment in manner aforesaid , the debtor and creditors, and trustees parties and rights
and liabilities
to such deed, or who have assented thereto or are bound thereby , shall of the parties
after registra
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
such
under such bankruptcy : and the existing or future trustees of any
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
assigness 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