Document ID: chunk:federal_register_of_legislation:C2025C00167:section:153:p2
Version: federal_register_of_legislation:C2025C00167
Segment Type: section
Provision Reference: s 153 (pt 2/2)
Character Range: 532543–533430

not proved in the bankruptcy;
and, for the purposes of enabling the secured creditor or a person claiming through or under him or her so to realize or deal with his or her security, but not otherwise, the secured debt, or the part of the secured debt, as the case may be, shall be deemed not to have been released by the discharge of the bankrupt.
 (4) The discharge of a bankrupt from a bankruptcy does not release from any liability a person who, at the date on which the bankrupt became a bankrupt:
 (a) was a partner or a co‑trustee with the bankrupt or was jointly bound or had made a joint contract with the bankrupt; or
 (b) was surety or in the nature of a surety for the bankrupt.
 (5) Where a bankrupt has been discharged from a bankruptcy, all proceedings taken in or in respect of the bankruptcy shall be deemed to have been validly taken.

Division 5—Annulment of bankruptcy