FAMILY COURT ACT 1997 - SECT 7B

FAMILY COURT ACT 1997 - SECT 7B

7B .         Meaning of debtor subject to a personal insolvency agreement — FLA s. 5

                For the purposes of this Act, a person is a debtor subject to a personal insolvency agreement if —

            (a)         the person is a debtor (within the meaning of the Bankruptcy Act Part X); and

            (b)         the person executes a personal insolvency agreement; and

            (c)         the agreement has not come to an end (as defined in the Bankruptcy Act section 5(1)).

        [Section 7B inserted: No. 28 of 2022 s. 5.]