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Bankruptcy and Insolvency Act

Version of section 65.22 from 2002-12-31 to 2004-12-14:

Marginal note:Bankruptcy after court approval

 Where an insolvent person who has disclaimed a lease under subsection 65.2(1) becomes bankrupt after the court approval of the proposal and before the proposal is fully performed, any claim of the landlord in respect of losses resulting from the disclaimer, including any claim for accelerated rent, shall be reduced by the amount of compensation paid under the proposal for losses resulting from the disclaimer.

  • 1997, c. 12, s. 43

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