Commonwealth Numbered Acts

BANKRUPTCY AMENDMENT ACT 1980 No. 12 of 1980 - SECT 74

74. Section 151 of the Principal Act is amended by adding at the end thereof
the following sub-sections:



"(2) The Court shall not, under sub-section (1), suspend the operation of an
order of discharge subject to conditions that require, or have the effect of
requiring, the bankrupt to make payments from his income at any time after the
expiration of the period of 5 years commencing on the date of the bankruptcy.



"(3) Notwithstanding that the operation of an order of discharge is, by virtue
of an order of the Court in force immediately before the commencement of this
sub-section (including such an order as varied after the commencement of this
sub-section), suspended subject to conditions that require, or have the effect
of requiring, a bankrupt to make payments from his income, the bankrupt is not
required to make payments in pursuance of the conditions at any time after-

   (a)  the expiration of the period of 5 years commencing on the date of the
        bankruptcy; or

   (b)  in a case where the period referred to in paragraph (a) expired before
        the commencement of this sub-section-the commencement of this
        sub-section.



"(4) The Court may, at any time while the operation of an order of discharge
(including such an order made before the commencement of this sub-section) is
suspended, rescind or vary the order.".