Commonwealth Numbered Acts

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

BANKRUPTCY AMENDMENT ACT 1985 No. 21 of 1985 - SECT 12

Payment of moneys into and out of Equalization Account
12. Section 20H of the Principal Act is amended by omitting sub-section (4)
and substituting the following sub-section:

"(4) The Investment Board shall, at such times as it considers appropriate
and, in any event, at least once every 6 months, determine whether any amounts
standing to the credit of the Equalization Account are not required for the
purposes of sub-section (3), and, if the Board determines that any amounts are
not so required, it may direct that the amounts not so required, or any part
of those amounts, shall be paid out of that Account into the Consolidated
Revenue Fund.". 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback