Application of the Superintendent of Bankruptcy's Levy Carved Back

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Application of the Superintendent of Bankruptcy's Levy Carved Back

Author(s):

LeGeyt, David, Mann, David

Date: February 27 2009

Section 147 of the Bankruptcy and Insolvency Act ("BIA") provides that the Superintendent's Levy is applied to defray the supervisory expenses of the Superintendent, will be charged on dividend payments made by the trustee.

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