Insolvency Act 1967 (Reprint as at 28 October 2005)
056
7: Administration of bankrupt's estate
73
No lien over bankrupt's books, etc
73 No lien over bankrupt's books, etc
(1) No person shall be entitled as against the Assignee to withhold
possession of any deed or instrument belonging to the bankrupt, or the books of
account or any accounts, receipts, bills, invoices, or other papers of a like
nature relating to the accounts or trade dealings or business of the bankrupt
or to claim any lien thereon.
(2) Any person (other than the wife or husband of the bankrupt) to whom a
debt is owing in respect of services performed in connection with the books of
account of the bankrupt or any deed or instrument over which that person would
but for subsection (1) have had a lien shall be entitled to be treated as a
preferential creditor in the bankruptcy up to an amount not exceeding $100 for
those services in accordance with section 104(1)(d)(v).
Compare: 1941 No 26 s 4; 1908 No 12 s 174(5)
Section 73(2): expression substituted, on 29 May 2004, by section 3 of the
Insolvency Amendment Act 2004 (2004 No 11).