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BANKRUPTCY ACT 1966 - SECT 139ZIA Objects

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.