Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act : DISBURSEMENT

Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act,1980

Act No : 67

Section : DISBURSEMENT OF MONEY BY THE COMMISSIONER TO CLAIMANTS

SECTION 20: DISBURSEMENT OF MONEY BY THE COMMISSIONER TO CLAIMANTS

After admitting a claim under this Act the amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom such amount is due. and, on such payment, the liability of the Company in respect of such claim shall stand discharged.