Section 46
Postponement of husband’s or wife’s claims
ActIn forceProvision 49 of 143
Section 46
(2)
Where the husband of a married woman has been adjudged bankrupt any money or other property of such woman lent or entrusted by her to her husband for the purpose of any trade or business carried on by him or otherwise shall be treated as assets of his estate and the wife shall not be entitled to claim any dividend as a creditor in respect of any such money or other property until all claims of the other creditors of her husband for valuable consideration in money or money’s worth have been satisfied.
Property Available for Payment of Debts