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BANKRUPTCY AMENDMENT ACT 1987 No. 119 of 1987 - SECT 97

Failure of bankrupt or debtor to disclose property etc.
97. (1) Section 265 of the Principal Act is amended:
(a) by omitting from paragraph (1) (a) "his property" and substituting "of the
property of the bankrupt";

   (b)  by omitting paragraphs (1) (c), (d) and (e) and substituting the
        following paragraphs:

"(c) shall not refuse or fail to comply with a direction by the trustee to
deliver to the trustee property in the possession of the bankrupt, being all
or part of the property of the bankrupt;

   (ca) shall, to the best of his or her knowledge and belief, fully and truly
        disclose to the trustee such information about any of the bankrupt's
        conduct and examinable affairs as the trustee requires;

   (d)  shall not refuse or fail to tell the trustee where the books
        (including books of an associated entity of the bankrupt) relating to
        the bankrupt's examinable affairs may be found;

   (e)  shall not refuse or fail to comply with a direction by the trustee to
        deliver to the trustee books (including books of an associated entity
        of the bankrupt) that are in the possession of the bankrupt and relate
        to any of the bankrupt's examinable affairs;";

   (c)  by omitting from paragraph (1) (f) and subsection (3) "his trade
        dealings, property or affairs" and substituting "any of the bankrupt's
        examinable affairs";

   (d)  by omitting from paragraph (4) (c) all the words after "particular"
        and substituting "from, a book (including a book of an associated
        entity of the person) affecting or relating to any of the person's
        examinable affairs"; and

   (e)  by omitting paragraph (4) (f) and substituting the following
        paragraph:

"(f) prevents the production of a book (including a book of an associated
entity of the person) affecting or relating to any of the person's examinable
affairs;".

(2) The amendments made by subsection (1) apply as provided in subsection 106
(1). 


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