Skip to main
Help and resources
Register
for My Account
Sign in
to My Account
Search
Australian Government
Federal Register of Legislation
Site navigation
Constitution
Acts
Legislative instruments
Notifiable instruments
Gazettes
Administrative Arrangements
Prerogative instruments
Norfolk Island
Home
Legislative instruments
Repealed
Text
Details
Authorises
Downloads
All versions
Interactions
Guidelines Relating to the Registration and Cancellation of Registration of a Debt Agreement Administrator
No longer in force
Click for more info
Administered by
Attorney-General's Department
This item is authorised by the following title:
Bankruptcy Act 1966
Latest version
Order print copy
Save this title to My Account
Set up an alert
F2019L00876
25 June 2019
-
31 December 2020
Legislation text
View document
Select value
Legislative instrument
Explanatory statement
Filter active
Table of contents
Enter text to search the table of contents
1. Introduction
2. Overview of certification and specific duties of administrators
Collapse
3. Registration
Who needs to become registered?
Who does not need to become registered?
Collapse
Who can apply
Individuals
Companies
Partnerships
Fit and proper assessment
Insurance – corporate and individual
Insurance – adequate and appropriate
Collapse
Assessment of ability to satisfactorily perform the duties of an administrator
(a) Duties to ensure certificate is correct and properly administer the agreement
(c) Ensure creditors and the Official Receiver are informed about default
(d) Taking fees and expenses
(e) Handling and properly accounting for money
(f) Inform the Official Receiver within 5 days from the end of the agreement
(g) Consider whether offences under the Act have occurred and refer any evidence of such offences to the Inspector-General
Conditional registration
Mandatory qualifications
Collapse
4. Cancellation of registration
Collapse
Involuntary cancellation of an individual’s or company’s registration
Grounds for cancellation
Voluntary cancellation of registration
Ineligibility of an unregistered administrator
Collapse
Matters considered by the Inspector-General
Collapse
Categories of breaches
Category A breaches
Category B breaches
Category C breaches
