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FEDERAL MAGISTRATES COURT (BANKRUPTCY) RULES 2006 (SLI NO 1 OF 2006) - NOTES

Select Legislative Instrument 2006 No. 1

We, Federal Magistrates, make the following Rules of Court under the Federal Magistrates Act 1999.

Dated 30 January 2006

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Federal Magistrates

JOHN MATHIESON

Chief Executive Officer


Contents

Part 1                    Preliminary                                                                8

                    1.01     Name of Rules                                                                 8

                    1.02     Commencement                                                              8

                    1.03     Application of these Rules and other rules of the Court        8

                    1.04     Interpretation                                                                   8

                    1.05     Expressions used in the Bankruptcy Act                           9

                    1.06     Forms                                                                             9

Part 2                    General                                                                    10

                    2.01     Originating application and interim application                   10

                    2.02     Exercise of powers by Registrars                                    11

                    2.03     Review of exercise of powers by Registrars                      12

                    2.04     Leave to be heard                                                           12

                    2.05     Appearance at application or examination                        13

                    2.06     Opposition to application, interim application or petition     13

Part 3                    Bankruptcy notices                                              14

                    3.01     Substituted service                                                         14

                    3.02     Setting aside bankruptcy notice (Bankruptcy Act s 41 (6A), (6C) and (7))         14

                    3.03     Extension of time for compliance with bankruptcy notice (Bankruptcy Act s 41 (6A) and (6C))    15

Part 4                    Creditors’ petitions                                               16

                    4.01     Application of Part 4                                                       16

                    4.02     Requirements for creditor’s petition and supporting affidavit (Bankruptcy Act s 47)         16

                    4.03     Creditor’s petition founded on issue of execution against debtor (Bankruptcy Act s 40 (1) (d))    16

                    4.04     Creditor’s petition founded on failure to comply with bankruptcy notice etc (Bankruptcy Act s 40 (1) (g))                                                                      17

                    4.05     Documents to be served                                                 17

                    4.06     Additional affidavits to be filed before hearing                    18

                    4.07     Fax copy may be filed in certain cases                            19

                    4.08     Notification and entry of sequestration order                     19

                    4.09     Entry of order for dismissal etc of creditor’s petition           19

                    4.10     Service of order                                                              20

Part 5                    Debtors’ petitions                                                 21

                    5.01     Referral of debtor’s petition                                              21

Part 6                    Examinations                                                         22

Division 6.1             Interpretation                                                               22

                    6.01     Definition for Part 6                                                         22

Division 6.2             Examination of debtor or examinable person             22

                    6.02     Application for summons (Bankruptcy Act s 50)                22

                    6.03     Hearing of application                                                     23

                    6.04     Requirements for summons                                            23

                    6.05     Service of summons                                                       23

                    6.06     Application for discharge of summons                              24

Division 6.3             Examination of relevant person                                  24

                    6.07     Application for summons (Bankruptcy Act s 81)                24

                    6.08     Hearing of application                                                     25

                    6.09     Requirements for summons                                            25

                    6.10     Service of summons                                                       25

                    6.11     Failure to attend examination                                          25

                    6.12     Application for discharge of summons                              26

Division 6.4             Examination of examinable person                            26

                    6.13     Application for summons (Bankruptcy Act s 81)                26

                    6.14     Hearing of application                                                     27

                    6.15     Requirements for summons                                            27

                    6.16     Service of summons                                                       28

                    6.17     Application for discharge of summons                              28

                    6.18     Conduct money and witnesses expenses                         28

Part 7                    Annulment or review of bankruptcy                30

Division 7.1             Annulment of bankruptcy                                            30

                    7.01     Application of Division 7.1                                               30

                    7.02     Requirements for application                                           30

                    7.03     Notice to creditors                                                          30

                    7.04     Report by trustee                                                           30

                    7.05     Entry and service of annulment order                               31

Division 7.2             Review of sequestration order                                     31

                    7.06     Review of Registrar’s decision                                         31

Part 8                    Trustees                                                                  33

                    8.01     Objection to appointment of trustee (Bankruptcy Act s 157 (6))           33

                    8.02     Resignation or release of trustee (Bankruptcy Act ss 180, 183)           33

Part 9                    Debt agreements                                                   35

                    9.01     Application of Part 9                                                       35

                    9.02     Requirements for application                                           35

                    9.03     Service                                                                          36

                    9.04     Notice to creditors                                                          36

                    9.05     Entry and service of order                                               36

Part 10                  Personal insolvency agreements                     37

                  10.01     Application of Part 10                                                     37

                  10.02     Requirements for application                                           37

                  10.03     Service                                                                          38

                  10.04     Notice to creditors                                                          38

                  10.05     Entry and service of order                                               38

Part 11                  Administration of estates of deceased persons 39

                  11.01     Creditor’s petition (Bankruptcy Act s 244)                        39

                  11.02     Additional affidavits to be filed before hearing of creditor’s petition        39

                  11.03     Administrator’s petition (Bankruptcy Act s 247)                40

                  11.04     Entry and service of order                                               40

Part 12                  Warrants                                                                  41

                  12.01     Arrest of debtor or bankrupt (Bankruptcy Act s 78)            41

                  12.02     Apprehension of person failing to attend Court (Bankruptcy Act s 264B (1))      41

Part 13                  Costs                                                                        43

Division 13.1           Orders for costs                                                            43

                  13.01     Basis for costs                                                              43

Division 13.2           Short form bills of costs                                               43

                  13.02     Application of Division 13.2                                             43

                  13.03     Short form bill of costs                                                    44

                  13.04     Claim for costs                                                              44

                  13.05     Attendance at taxation hearing                                        45

Schedule 1             Forms                                                                          46

Form 1                     Title                                                                              46

Form 2                     Application                                                                    47

Form 3                     Interim application                                                          50

Form 4                     Notice of appearance                                                      52

Form 5                     Notice stating grounds of opposition to application, interim application or petition          54

Form 6                     Creditor’s petition                                                           56

Form 7                     Sequestration order                                                        60

Form 8                     Referral of debtor’s petition                                              62

Form 9                     Summons for examination                                              64

Form 10                   Application for summons to examine relevant person or examinable person      66

Form 11                   Notice to creditors of annulment application                      68

Form 12                   Notice to creditors of application for review of Registrar’s decision to make sequestration order  69

Form 13                   Notice to creditors                                                          71

Form 14                   Applicant creditor’s petition for administration of deceased person’s estate       73

Form 15                   Administrator’s petition                                                   76

Form 16                   Arrest warrant                                                                79

Form 17                   Apprehension warrant                                                     81

Schedule 2             Powers of the Court that may be exercised by a Registrar           83

Schedule 3             Notes to these Rules                                                    85

 


  

Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.frli.gov.au.


 



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