Commonwealth Consolidated Acts

BANKRUPTCY ACT 1966 - SECT 54B

                   A debtor is not entitled to present a declaration under section 54A:

                     (a)  when the debtor is not entitled, except with the leave of the Court, to present a petition under section 55;

                     (b)  after a creditor's petition presented against the debtor is served on the debtor and before:

                              (i)  a sequestration order is made on the petition;

                             (ii)  the petition is withdrawn or dismissed; or

                            (iii)  the petition lapses under subsection 52(4);

                     (c)  after a debtor's petition is presented against the debtor and before the petition is accepted or rejected;

                     (d)  while the debtor's property is subject to control under Division 2 of Part X;

                     (e)  within 6 months after the debtor signs an authority under section 188; or

                      (f)  within 12 months after a declaration presented by the debtor under section 54A is accepted under section 54C.