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Federal Register of Legislation – Australian Government

Subsequent realization of security Release of provable debts The effect of proceeds of crime orders Trustee may assign right to sue under this Act Right to pay off mortgages Trustee to convene meetings Remuneration of registered trustee Accordingly, this compilation does not show the text of the compiled law as modified. Certain provisions in trust deeds void Policies of insurance against liabilities to third parties Termination of personal insolvency agreement by trustee Notice about stay under proclaimed law Creditor may inspect personal insolvency agreement etc.


Punishment of contempt of court Power of Official Receiver to obtain statement of affairs 77D Debts proved to rank equally except as otherwise provided Subdivision F—Reporting to the Inspector-General. The details of amendments made up to, but not commenced at, the compilation date are bnkruptcy in the endnotes.

Debts to be rounded down to nearest dollar Registered trustee to correct inaccuracies etc Provisions ceasing to have effect If a provision of the compiled law has expired or otherwise ceased to have effect in cat with a provision of the law, details are included in the endnotes.

Redemption of security by trustee etc Commencement of administration under Part Official Trustee to replace an administrator who dies etc. Other powers of the Court unaffected Subdivision F—Lifting or shortening suspension.

Transfer of proceedings to Family Court Parts of dollar to be disregarded in determining majority in value of creditors etc. Termination of personal insolvency agreement by creditors C Appeal against decision of trustee in respect of proof Gambling or hazardous speculations The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes.



When determination ceases to be in force Certain limits on granting injunctions not to apply Trustee ceasing to object on some grounds Duties of bankrupt as to discovery etc. Trustee may administer oaths etc Stamp sct not payable on personal insolvency agreements etc. Power of Official Receiver to obtain statement of affairs 77D Official Receiver may appoint a new administrator Streamlined method for replacing trustee Constructive income receipt arrangements