Queensland Consolidated Acts

CITY OF BRISBANE ACT 2010 - SECT 156

156 Disqualification during bankruptcy

(1) A person can not be a councillor while the person is a bankrupt.

(2) A person is a
"bankrupt" if, under a bankruptcy law—

(a) the person is an undischarged bankrupt; or

(b) the person has executed a deed of arrangement, and the terms of the deed have not been fully complied with; or

(c) the person’s creditors have accepted a composition, and a final payment has not been made under the composition.

(3) A
"bankruptcy law" is—

(a) the Bankruptcy Act 1966 (Cwlth) ; or

(b) a corresponding law of another jurisdiction, including a jurisdiction outside Australia.

(4) A person automatically stops being a councillor when the person becomes a bankrupt.