Some Thoughts on the Reform of the Administration Orders and Related Issues

[2003 De Jure] P217

35 Pages Posted: 27 Feb 2018

Date Written: February 16, 2018

Abstract

In terms of Section 74 of the Magistrate's Courts Act 32 of 1944 a debtor who is unable to pay his debts may apply for an administration order, provided that his debts do not exceed an amount of R50 000. Where such an application is granted, the debtor must make regular payments to an administrator. The administrator is obliged to draw up a list of creditors and must pay them from the amounts received from the debtor.

Suggested Citation

Boraine, Andre, Some Thoughts on the Reform of the Administration Orders and Related Issues (February 16, 2018). [2003 De Jure] P217, Available at SSRN: https://ssrn.com/abstract=3124850

Andre Boraine (Contact Author)

University of Pretoria ( email )

Physical Address Economic and Management Sciences
Pretoria, Gauteng 0002
South Africa

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
6
Abstract Views
98
PlumX Metrics