Commonwealth Consolidated Acts

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BANKRUPTCY ACT 1966 - SECT 56B

Presentation of a debtor's petition against a partnership

             (1)  Any debtor's petition against a partnership must be presented to the Official Receiver.

             (2)  A petition must be in accordance with the approved form.

             (3)  A petition must be accompanied by:

                     (a)  a statement of affairs of each member of the partnership by whom the petition is presented; and

                     (b)  a statement of the partnership affairs; and

                     (c)  a copy of each of those statements.

             (4)  The Official Receiver may reject a petition if:

                     (a)  the petition does not comply substantially with the approved form; or

                     (b)  the petition is not accompanied by the statements of affairs of each petitioning partner and of the partnership; or

                     (c)  the Official Receiver thinks that any of the statements of affairs accompanying the petition is inadequate.

             (5)  Before accepting a debtor's petition against a partnership, the Official Receiver must give the information prescribed by the regulations to each member of the partnership who joined in presenting the petition.



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