C-338
First Session, Forty-first Parliament,
60 Elizabeth II, 2011
HOUSE OF COMMONS OF CANADA
BILL C-338
An Act to amend the Bankruptcy and Insolvency Act (termination and severance pay)
first reading, October 27, 2011
NOTE
2nd Session, 41st Parliament
This bill was introduced during the First Session of the 41st Parliament. Pursuant to the Standing Orders of the House of Commons, it is deemed to have been considered and approved at all stages completed at the time of prorogation of the First Session. The number of the bill remains unchanged.
Mr. Rafferty
411359
SUMMARY
This enactment amends the Bankruptcy and Insolvency Act to ensure that the claim of a clerk, servant, travelling salesperson, labourer or worker who is owed termination and severance pay by a person is included in the scheme of distribution established under section 136 of the Act.
Available on the Parliament of Canada Web Site at the following address:http://www.parl.gc.ca
1st Session, 41st Parliament,
60 Elizabeth II, 2011
house of commons of canada
BILL C-338
An Act to amend the Bankruptcy and Insolvency Act (termination and severance pay)
R.S., c. B-3; 1992, c. 27, s. 2
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
1. The Bankruptcy and Insolvency Act is amended by adding the following after paragraph 136(1)(d):
(d.001) an amount equal to any termination or severance pay owed to a clerk, servant, travelling salesperson, labourer or worker by a bankrupt, less any amount previously paid by the trustee for that termination or severance pay;
Published under authority of the Speaker of the House of Commons