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EXCHEQUER AND AUDIT DEPARTMENTS ACT 1866 - SECT 42

Provision where the estate of a public accountant is sold under any decree or order.

42. In all cases where any estate belonging to a public accountant shall be
sold under ... any decree or order of the [High Court], and the purchaser
thereof or of any part thereof shall have paid his purchase money into the
hands of any public accountant authorized to receive the same, such purchaser
shall be wholly exonerated and discharged from all further claims of Her
Majesty for or in respect of any debt arising upon the account of such
accountant, although the purchase money so paid be not sufficient in amount to
discharge the whole of the said debt.


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© 1866 Crown Copyright

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