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This is a Bill, not an Act. For current law, see the Acts databases.


BANKRUPTCY (ESTATE CHARGES) AMENDMENT BILL 2007

2004-2005-2006-2007

The Parliament of the
Commonwealth of Australia

HOUSE OF REPRESENTATIVES


Presented and read a first time



Bankruptcy (Estate Charges) Amendment Bill 2007

No. , 2007

(Attorney-General)

A Bill for an Act to amend the Bankruptcy (Estate Charges) Act 1997, and for related purposes



Bankruptcy (Estate Charges) Amendment Bill 2007 No. , 2007

Bankruptcy (Estate Charges) Amendment Bill 2007 No. , 2007
Contents

 

1 Short title 1

 

2 Commencement 1

 

3 Schedule(s) 1
Schedule 1--Amendments 3
Bankruptcy (Estate Charges) Act 1997 3




Amendments Schedule 1



Bankruptcy (Estate Charges) Amendment Bill 2007 No. , 2007

Bankruptcy (Estate Charges) Amendment Bill 2007 No. , 2007

Bankruptcy (Estate Charges) Amendment Bill 2007 No. , 2007
A Bill for an Act to amend the Bankruptcy (Estate Charges) Act 1997, and for related purposes
The Parliament of Australia enacts:

 

1 Short title

This Act may be cited as the Bankruptcy (Estate Charges) Amendment Act 2007.

 

2 Commencement

This Act commences on 1 July 2007.

 

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.


Schedule 1--Amendments

Bankruptcy (Estate Charges) Act 1997

 

1 Subsection 5(1)
After "169(1B)", insert "or 185LD(3)".

 

2 After paragraph 6(1)(aa)
Insert:

(ab) is the administrator of a debt agreement under Part IX of the Bankruptcy Act 1966; or

 

3 After subsection 6(1A)
Insert:

(1B) Charge is not payable by a person in the person's capacity as administrator of a debt agreement under Part IX of the Bankruptcy Act 1966 if the person is the debtor to whom the debt agreement relates.

 

4 Application of amendments
The amendments made by this Schedule apply in relation to a debt agreement made as the result of the acceptance of a debt agreement proposal given to the Official Receiver on or after 1 July 2007.

 


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