South Australian Consolidated Acts South Australian Consolidated Acts61—Rules in insolvency administration to prevail in certain cases
(1) In any
administration by the Public Trustee under section 9 of the Public Trustee
Act 1995 where the estate proves insufficient for the payment in full of
the debts and liabilities of the deceased, and in any administration by an
executor or administrator under section 60 and in any administration by
the Court of the assets of any deceased person whose estate is insufficient
for the payment in full of the debts and liabilities of the deceased, the same
rules shall prevail and be observed as to the respective rights of secured and
unsecured creditors, and as to debts and liabilities provable, and as to the
valuation of annuities and future or contingent liabilities respectively, as
are in force for the time being under the law of bankruptcy with respect to
the estates of persons adjudged bankrupt.
(2) All persons who in
any such case would be entitled to prove for and receive dividends out of the
estate of the deceased person, may come in under the administration of such
estate, and make such claims against the same as they may respectively be
entitled to by virtue of this Act.