Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BANKRUPTCY AMENDMENT ACT 1980 No. 12 of 1980 - SECT 37

First meeting of creditors
37. Section 64 of the Principal Act is repealed and the following section
substituted:



"64. (1) The Official Receiver shall cause a meeting of the creditors of a
bankrupt to be held, for the purposes of considering and deciding upon any
matters relating to the bankruptcy, within the prescribed period if-

   (a)  a creditor requests him to do so; or

   (b)  he is of the opinion that it is desirable that he should do so.



"(2) For the purposes of sub-section (1), the 'prescribed period', in relation
to a bankrupt, means-

   (a)  subject to paragraph (b), the period of 28 days from the date of the
        bankruptcy; or

   (b)  if the Registrar, on the application of the Official Receiver, extends
        the period within which the first meeting of creditors may be held-the
        extended period fixed by the Registrar.". 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback