Section 144 — Bankruptcy Act 1966 (Cth)

A creditor who has not proved his or her debt before the declaration of a dividend is entitled to be paid, out of any available money for the time being in the hands of the trustee, dividends that he or she has failed to receive before that money is applied to the payment of a future dividend, but he or she is not entitled to disturb the distribution of a dividend declared before he or she proved his or her debt.

Related sections

• s 141 — Joint and separate dividends
• s 142 — Apportionment of expenses of administration of joint and separate estates
• s 143 — Provision to be made for creditors residing at a distance etc.
• s 145 — Final dividend
• s 146 — Distribution of dividends where bankrupt fails to file statement of affairs
• s 147 — No action for dividend

Research how courts apply s 144

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