Commonwealth Consolidated Acts

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BANKRUPTCY ACT 1966 - SECT 139ZIA

Objects

                   The objects of this Subdivision are:

                     (a)  to improve the likelihood that a bankrupt will have sufficient money to pay contributions or instalments of contributions; and

                     (b)  to ensure that all monetary income received by the bankrupt is deposited to a single account (the supervised account ); and

                     (c)  to enable the trustee to supervise withdrawals from the account.



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