PART XIMISCELLANEOUS AND SUPPLEMENTARY

Postponement of priority of application of dilatory, etc., creditor138

1

Where, under Article 136 or 137, the Office makes an order declaring that any existing priority attaching to an application is forfeited—

a

the application shall stand postponed to all other applications made on or before the date of the order in respect of judgments against the same debtor; and

b

a note that it is so postponed shall be entered in the register of judgments.

2

In Articles 136 and 137 and this Article any reference to priority is to priority by virtue of Article 24(3).