Bankruptcy Act 1966

Submitted by Richard_Li on Fri, 02/17/2023 - 00:42

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Bankruptcy Act 1966

Enables

Distinguished Terms in this instrument

Term(s)	Definition	Defined in Legislation	See Section(s)
court of summary jurisdiction	includes a court of a Territory sitting as a court for the making of summary orders or the summary punishment of offences under the law of the Territory.	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate
creditorâs petition	means a petition presented by a creditor or by 2 or more creditors jointly.	Bankruptcy Act 1966
debt	includes liability.	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate
debt agreement	means an agreement under section 185H resulting from the acceptance of a debt agreement proposal.	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate Bankruptcy Act 1966 - 185H Making a debt agreement
debt agreement activities	of a company means the activities of the company in connection with:	Bankruptcy Act 1966	Bankruptcy Act 1966 - 185 Definitions
debt agreement proposal	means a written proposal referred to in subsection 185C(1).	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate Bankruptcy Act 1966 - 185C Giving a debt agreement proposal to the Official Receiver
debtor	means a person who is insolvent.	Bankruptcy Act 1966	Bankruptcy Act 1966 - 187 Interpretation
debtorâs petition	means a petition presented by a debtor against himself or herself and includes a petition presented against a partnership in pursuance of section 56A and a petition presented by joint debtors against themselves in pursuance of section 57.	Bankruptcy Act 1966
declaration of intention	means a declaration that has been presented under section 54A and accepted under section 54C.	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate Bankruptcy Act 1966 - 54A Presentation of declaration
declared debtor	means a debtor who has presented under section 54A a declaration of intention.	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate Bankruptcy Act 1966 - 54A Presentation of declaration
defactopartner	has the meaning given by the Acts Interpretation Act 1901 .	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate
default period	means:	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate
dependant	, in relation to a bankrupt in relation to a contribution assessment period, means a person who satisfies all the following conditions:	Bankruptcy Act 1966	Bankruptcy Act 1966 - 139K Definitions
derived	means earned, derived or received from any source, whether within or outside Australia.	Bankruptcy Act 1966	Bankruptcy Act 1966 - 139K Definitions
designated 6‐month arrears default	has the meaning given by subsection 185LC(3).	Bankruptcy Act 1966	Bankruptcy Act 1966 - 185 Definitions Bankruptcy Act 1966 - 185LC Administrator to notify Official Receiver of a designated 6 - month arrears default by a debtor
director	, in relation to a corporation, includes:	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate
divisible property	, in relation to a personal insolvency agreement executed by a debtor, means the property, other than property that was acquired by, or devolved on, the debtor on or after the day on which he or she executed the agreement, that would be divisible amongst his or her creditors under Part VI if he o	Bankruptcy Act 1966
eligible judge	means a judge of the Court declared by the Minister to be an eligible judge under subsection 129A(2).	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate Bankruptcy Act 1966 - 129A Eligible judges
eligible superannuation plan	means any of the following:	Bankruptcy Act 1966	Bankruptcy Act 1966 - 128N Definitions Bankruptcy Act 1966 - 139ZW Definitions
end	means:	Bankruptcy Act 1966	Bankruptcy Act 1966 - 5 - 30 Persons with a financial interest in the administration of a regulated debtorâs estate