Commonwealth Consolidated Regulations

BANKRUPTCY REGULATIONS 1996 - REG 6.12D

                For subparagraph (b) (v) of the definition of income in section 139L of the Act, any of the following is not income of a bankrupt:

                (a)    an amount paid to a person under the DEP scheme;

               (b)    an amount paid to a person under the Sugar Industry Reform Program for the prescribed circumstance mentioned for it in regulation 6.04B;

                (c)    an amount paid to a person under the Tobacco Grower Adjustment Assistance Package for the prescribed circumstance mentioned for it in regulation 6.04B.