Part 1Assignation

Chapter 1Assignation of claims, protection of debtors and related matters

Protection of debtors

I110Protection of debtor who performs in good faith

1

Subsection (2) applies where, after a claim is transferred, the debtor, or any co-debtor, performs in good faith to the person last known to the debtor, or that co-debtor, to be the holder of the claim.

2

The debtor, or (where there are two or more co-debtors) each of the co-debtors, is discharged from the claim to the extent of the performance.

3

For the purpose of subsection (2), it is not to be taken that a debtor, or any co-debtor, has performed other than in good faith by reason only of (any or all of)—

a

an assignation document’s having been registered,

b

the application of section 8(9),

c

the application of section 8(10).