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MLT-2003-L-65349
Breadcrumb
Title_of_text
Set-Off and Netting on Insolvency Act, 2003 (Act No. IV of 2003).
Main Region
First Region
Country(ies)
Malta
Subjects (Classification)
Wages
Adopted on (Date of text)
2003-06-01
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
Makes provision for the enforceability of set-off and netting on bankuptcy or insolvency. "Netting" means the conversion into one net claim or one net obligation of claims and obligations arising under any contract with the result that only a net claim can be demanded or a net obligation be owed.
Electronic region
Electronic source title
Act on-line (as amended)
Author
Laws of Malta
Publisher
Ministry for Justice and Local Government
Country
Malta
URL
http://docs.justice.gov.mt/lom/Legislation/English/Leg/VOL_14/Chapt459.PDF
Page range
3 p.