Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section identifies the place of origin of each of the matters set out in column 2 of the table. The place of origin of each matter is worked out using column 3 of the table.
|
Place of origin of bankruptcy and insolvency matters |
||
|
|
Matter |
Place of origin |
|
1 |
Bankruptcy that resulted from acceptance of a debtor's petition |
|
|
2 |
Any other bankruptcy |
The District in which the sequestration order was made |
|
3 |
Control of a debtor's property under section 50 |
The District in which the Court made an order directing a trustee to take control of the debtor's property |
|
4 |
Scheme of arrangement or composition under Division 6 of Part IV |
The District in which there originated the bankruptcy that was annulled under section 74 on acceptance of the proposal for the scheme or composition |
|
5 |
The District in which the debt agreement proposal was accepted for processing |
|
|
6 |
Part X administration |
The District in which the Official Receiver was given a copy of the authority under section 188 that relates to the administration |
|
7 |
Administration under Part XI |
The District in which the Court made the order for the administration |
(2) For the purposes of item 6 of the table, an authority under section 188 relates to a personal insolvency agreement if a special resolution relating to the agreement was passed at a meeting of creditors called under the authority.
(3) In this section:
"matter relating to a debt agreement proposal" includes:
(a) a debt agreement; and
(b) an activity required or permitted by a debt agreement.
Part X administration means:
(a) an activity that a controlling trustee may or must carry out after consenting to exercise powers given by an authority under section 188 (including control of a debtor's property under Division 2 of Part X); or
(b) a personal insolvency agreement.
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]