Commonwealth Consolidated Regulations

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BANKRUPTCY REGULATIONS 2021 - REG 82

Removal from the Index of information relating to debt agreement

  (1)   If a debt agreement ends under section   185N of the Act, the Official Receiver must remove all information relating to the debt agreement from the Index within 1 month after the later of the following days:

  (a)   5 years after the day on which the debt agreement was made;

  (b)   the day on which the debt agreement ends.

  (2)   If a debt agreement is terminated under section   185P, 185Q, 185QA or 185R of the Act, the Official Receiver must remove all information relating to the debt agreement from the Index within 1 month after the later of the following days:

  (a)   5 years after the day on which the debt agreement was made;

  (b)   2 years after the day on which the debt agreement is terminated.

  (3)   If an order is made under section   185U of the Act declaring all of a debt agreement void, the Official Receiver must remove all information relating to the debt agreement from the Index within 1 month after the later of the following days:

  (a)   5 years after the day on which the debt agreement was made;

  (b)   2 years after the day on which the order is made.



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