Commonwealth Consolidated Acts

BANKRUPTCY (ESTATE CHARGES) ACT 1997 - SECT 6A

  (1)   If:

  (a)   the person receives an amount in respect of a bankrupt's estate; and

  (b)   as a result of receiving the amount, the person becomes able to pay off all the bankrupt's debts;

then the following amounts are not taken into account in determining the amount on which charge is payable:

  (c)   any excess of the received amount over the amount needed to pay off all the bankrupt's debts;

  (d)   any amount later received by the person in respect of the estate.

  (2)   In this section:

"bankrupt's debts" has the same meaning as in subsection   153A(6) of the Bankruptcy Act 1966 .