Federal Register of Legislation - Australian Government

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A Bill for an Act to amend the Bankruptcy (Estate Charges) Act 1997, and for related purposes
Administered by: Attorney-General's
For authoritative information on the progress of bills and on amendments proposed to them, please see the House of Representatives Votes and Proceedings, and the Journals of the Senate as available on the Parliament House website.
Registered 01 Mar 2007
Introduced HR 15 Feb 2007

2004‑2005‑2006‑2007

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

 

 

 

Bankruptcy (Estate Charges) Amendment Bill 2007

 

No.      , 2007

 

(Attorney‑General)

 

 

 

A Bill for an Act to amend the Bankruptcy (Estate Charges) Act 1997, and for related purposes

  

  


Contents

1............ Short title............................................................................................ 1

2............ Commencement.................................................................................. 1

3............ Schedule(s).......................................................................................... 1

Schedule 1—Amendments                                                                                                 3

Bankruptcy (Estate Charges) Act 1997                                                                  3

 


A Bill for an Act to amend the Bankruptcy (Estate Charges) Act 1997, and for related purposes

The Parliament of Australia enacts:

1  Short title

                   This Act may be cited as the Bankruptcy (Estate Charges) Amendment Act 2007.

2  Commencement

                   This Act commences on 1 July 2007.

3  Schedule(s)

                   Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.


 

Schedule 1Amendments

  

Bankruptcy (Estate Charges) Act 1997

1  Subsection 5(1)

After “169(1B)”, insert “or 185LD(3)”.

2  After paragraph 6(1)(aa)

Insert:

                    (ab)  is the administrator of a debt agreement under Part IX of the Bankruptcy Act 1966; or

3  After subsection 6(1A)

Insert:

          (1B)  Charge is not payable by a person in the person’s capacity as administrator of a debt agreement under Part IX of the Bankruptcy Act 1966 if the person is the debtor to whom the debt agreement relates.

4  Application of amendments

The amendments made by this Schedule apply in relation to a debt agreement made as the result of the acceptance of a debt agreement proposal given to the Official Receiver on or after 1 July 2007.