Amendment status not verified — confirm the current text below against the official source.
(1) Every transfer of imnlovabie property mado by as to transfer of a debtor entitled to the benefits of this Act after the 1st ilnnlovabl: October 1953 and before the colnplete discharge of his debt, prop*rty of shall, in any suit or other proceeding with I-cspect ?o such thc debtor. transfer, be presumed, until the contrary is proved to have been made with iilte~lt to def~at or delqy the creditors of the tr:! nsferor. (2) Where s debtor entitled to the benefits of this Act has allowed, ill collusion with another: his immovable pro- perty ;o be sold 4 ~ f i o ~ . the 1st October 19.53 throrlgh Court with rr view tto defeitc or delay his creditors, the sale shall be voidable at the op!idn oi any crcdiini. .;a d~!i.ntec; or delayed, Exclusion of