Third Round
The four losing teams from the Second round compete in the Third round each playing one game. The winning teams advance to the Final round and the losing teams compete in the Consolation round.
| February 3, 1931 | Poland | 2 – 1 |
France | Krynica-Zdrój |
| February 3, 1931 | Austria | 7 – 0 |
Romania | Krynica-Zdrój |
Read more about this topic: 1931 World Ice Hockey Championships
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