§ A creditor who has a claim or a debt due shall be entitled to vote and rank for the accumulated sum of principal and 1178 interest to the date of the sequestration, but not for any interest accruing after the date of the sequestration, and if the debt is not payable till after the date of the sequestration, he shall be entitled to vote and rank for it only after deduction of the interest from that date, and he shall also be liable to deduction of any discount beyond legal interest to which his claim is liable by the usage of trade applicable to it, or by the contract between the creditor and the bankrupt, but he shall not be bound to specify separately in his oath or claim for his debt the amount of any interest due thereon or of any interest or discount deducted there-from, or to specify therein any accumulated sum of principal and interest, and if there be any residue of the estate after discharging the debts ranked he shall be entitled to claim out of such residue the full amount of the interest on his debt in terms of law.
§ Amendment made: After the word "contract" ["contract between the creditor and the bankrupt"], to insert the words "or course of dealing." —[Mr. Ure.]