Commonwealth Consolidated Acts

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BANKRUPTCY ACT 1966 - SECT 81G

Effect of non-compliance with notice

             (1)  In this section:

"relevant proceeding" means a proceeding:

                     (a)  for the recovery of an amount payable by a bankrupt under section 139ZG; or

                     (b)  for the recovery of an amount payable by a person under section 139ZL; or

                     (c)  involving the question whether a transaction is void against the trustee under Division 3 of Part VI.

             (2)  Subject to subsection (3), where a person refuses or fails to comply with a request or requirement set out in a notice given to the person under Division 1 or 2 to give any information or produce any books:

                     (a)  if the request or requirement applies to information--the information is not admissible in a relevant proceeding; or

                     (b)  if the request or requirement applies to books--neither the books, nor any secondary evidence of the books, is admissible in a relevant proceeding.

             (3)  Subsection (2) does not apply to information or a book if the person proves that:

                     (a)  the information or book was not in the possession of the person when the notice was given; and

                     (b)  there were no reasonable steps that the person could have taken to obtain the information or book.

             (4)  A notice given to a person under Division 1 or 2 must set out the effect of subsections (2) and (3).

             (5)  A failure to comply with subsection (4) does not affect the validity of the notice.


 



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