Commonwealth Numbered Acts

BANKRUPTCY AMENDMENT ACT 1980 No. 12 of 1980 - SECT 67

67. Section 135 of the Principal Act is amended-

(a) by omitting from sub-section (1) "Ten thousand dollars" (wherever
occurring) and substituting "$20,000 or such greater amount as is prescribed
for the purposes of section 134";

   (b)  by inserting in paragraph (d) of sub-section (1) "having a value
        exceeding $20,000, or such greater amount as is prescribed for the
        purposes of
section 134," after "bankrupt"; and

   (c)  by inserting in paragraph (k) of sub-section (1) "after the first
        meeting of creditors or the expiration of the period of 2 months
        commencing on
the date of the bankruptcy, whichever first occurs," before "employ the
bankrupt himself".