Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 0 › Section 4

SECTION 96

The Bankruptcy Trustee shall, within ten days following the decision to initiate proceedings and upon a decision of the Judge Administrator, pay all the highly preferential claims of workers after deducting the advances already received. Where the funds required for this purpose are not available, the said claims shall be settled before any other claim from the first funds collected. Where the said claims are paid from an advance granted by the Bankruptcy Trustee or any other person, the lender shall, by virtue of this act, inherit the rights of the workers and shall be reimbursed in preference to any other claim as soon as the necessary funds are collected.
Official translation Spot-checked In force from 10 April 1998 Source page 35

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

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Section 96 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-1998
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