Bankruptcy Act 1705

Act of the Parliament of England

United Kingdom legislation

Bankruptcy Act 1705Act of Parliament

Parliament of England

Long title| An Act to prevent Frauds frequently committed by Bankrupts.
Citation| 4 & 5 Ann. c. 4
(Ruffhead: 4 Ann. c. 17)
Territorial extent | England and Wales
Dates
Royal assent| 19 March 1706
Commencement| 25 October 1705[a]
Repealed| 15 July 1867
Other legislation
Amended by|

* Bankrupts Act 1706
* Perpetuation, etc. of Acts 1708

Repealed by| Statute Law Revision Act 1867

Status: Repealed

Text of statute as originally enacted

The Bankruptcy Act 1705 (4 & 5 Ann. c. 4) was an act of the Parliament of England.

## Provisions

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Under the act, the Lord Chancellor was given power to discharge bankrupts, once disclosure of all assets and various procedures had been fulfilled.

Discharge from debt was introduced for those who cooperated with creditors. The discharge took effect once a bankrupt obtained a certificate of the bankruptcy commissioners providing that there has been full disclosure and adherence to their directions.

## Legacy

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The act was continued until the end of the next session of parliament 5 years after 25 April 1709 by section 4 of the Perpetuation, etc. of Acts 1708 (7 Ann. c. 25).

The whole act was repealed by section 1 of, and the schedule to, the Statute Law Revision Act 1867 (30 & 31 Vict. c. 59).

## See also

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* UK insolvency law
* UK bankruptcy law
* History of bankruptcy law

## Notes

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1. ^ Start of session.

## Reference

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