LOCAL GOVERNMENT ACT 2009 - SECT 156
Disqualification during bankruptcy
LOCAL GOVERNMENT ACT 2009 - SECT 156
Disqualification during bankruptcy
156 Disqualification during bankruptcy
(1) A person can not be a councillor while the person is a bankrupt.
(2) A
person is a
"bankrupt" if, under a bankruptcy law— (a) the person is an undischarged
bankrupt; or
(b) the person has executed a deed of arrangement, and the terms
of the deed have not been fully complied with; or
(c) the person’s
creditors have accepted a composition, and a final payment has not been made
under the composition.
(3) A
"bankruptcy law" is— (a) the Bankruptcy Act 1966 (Cwlth) ; or
(b) a
corresponding law of another jurisdiction, including a jurisdiction outside
Australia.
(4) A person automatically stops being a councillor when the
person becomes a bankrupt.