{{Short description|Act of the Parliament of England}} {{Use dmy dates|date=April 2022}} {{Use British English|date=April 2025}} {{Infobox UK legislation | short_title = Bankruptcy Act 1705 | type = Act | parliament = Parliament of England | long_title = An Act to prevent Frauds frequently committed by Bankrupts. | year = 1705 | citation = {{ubli|{{nowrap|[[4 & 5 Ann.]] c. 4}}{{efn|name=StatutesOfTheRealm|This is the citation in ''[[The Statutes of the Realm]]''.}}|[[4 Ann.]] c. 17{{efn|name=StatutesAtLarge|This is the citation in ''[[The Statutes at Large]]''.}}}} | territorial_extent = [[England and Wales]] | royal_assent = 19 March 1706 | commencement = 25 October 1705{{efn|Start of session.}} | repeal_date = 15 July 1867 | amendments = {{ubli|[[Bankrupts Act 1706]]|[[Perpetuation, etc. of Acts 1708]]}} | repealing_legislation = [[Statute Law Revision Act 1867]] | related_legislation = | status = Repealed | original_text = https://babel.hathitrust.org/cgi/pt?id=pst.000033905846&view=1up&seq=511 | use_new_UK-LEG = no }}
The '''Bankruptcy Act 1705''' ([[4 & 5 Ann.]] c. 4){{efn|name=StatutesOfTheRealm}} was an [[Act of Parliament (United Kingdom)|act]] of the [[Parliament of England]].
== Provisions == Under the act, the [[Lord Chancellor]] was given power to discharge bankrupts, once disclosure of all assets and various procedures had been fulfilled.
Discharge from debt was introduced for those who cooperated with creditors. The discharge took effect once a bankrupt obtained a certificate of the bankruptcy commissioners providing that there has been full disclosure and adherence to their directions.
== Subsequent developments == The act was continued until the end of the next session of parliament 5 years after 25 April 1709 by section 4 of the [[Perpetuation, etc. of Acts 1708]] ([[7 Ann.]] c. 25).
The whole act was repealed by section 1 of, and the schedule to, the [[Statute Law Revision Act 1867]] ([[30 & 31 Vict.]] c. 59), which came into force on 15 July 1867.<ref>{{Cite legislation UK|act=Statute Law Revision Act 1867|type=act|year=Vict/30-31|chapter=59}}</ref>
== See also == * [[UK insolvency law]] * [[UK bankruptcy law]] * [[History of bankruptcy law]]
== Notes == {{Notelist}}
== References == {{Reflist|2}}
{{English legislation}} {{Authority control}}
[[Category:Acts of the Parliament of England 1705]] [[Category:Repealed English legislation]] [[Category:Insolvency law of the United Kingdom]] [[Category:English laws]]