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BANKRUPTCY AMENDMENT ACT 1980 No. 12 of 1980 - SECT 144
Law of State or Territory may be proclaimed
144. Section 253B of the Principal Act is repealed and the following section
substituted:
"253B. Where a law of a State or Territory (including a law that came into
operation before the commencement of this section)-
(a) provides for the giving of financial assistance for the purpose of
discharging debts of persons who are farmers within the meaning of the
Loan (Farmers' Debt Adjustment) Act 1935;
(b) gives effect to the agreement between the Commonwealth and the States
the execution of which, on behalf of the Commonwealth, was approved by
the States Grants (Rural Reconstruction) Act 1971 or that agreement as
subsequently amended; or
(c) gives effect to the agreement between the Commonwealth and the States
the execution of which, on behalf of the Commonwealth, was approved by
the States Grants (Rural Adjustment) Act 1976 or that agreement as
subsequently amended (including that agreement as amended by the
agreement between the Commonwealth, the States and the Northern
Territory the execution of which, on behalf of the Commonwealth, was
approved by the States and Northern Territory Grants (Rural
Adjustment) Act 1979 or that last-mentioned agreement as subsequently
amended), the Governor-General may, by Proclamation, specify the law
as a law in relation to which this Part applies.".
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