Definitions
139ZIB Definitions
In this Subdivision:
bankrupt includes a person who has been discharged from bankruptcy.
bankrupt to whom the supervised account regime applies means a bankrupt in respect of whom a determination under subsection 139ZIC(1) is in force.
constructive income receipt arrangement means an arrangement the effect of which is that income derived by a bankrupt is not actually received by the bankrupt because it is:
reinvested, accumulated or capitalised; or
dealt with on behalf of the bankrupt or as the bankrupt directs.
contribution means a contribution that a bankrupt is liable to pay under subsection 139P(1) or 139Q(1).
engage in conduct means:
do an act; or
omit to perform an act.
non‑monetary income receipt arrangement means an arrangement the effect of which is that income derived by a bankrupt is not actually received by the bankrupt in monetary form because it is derived in a non‑monetary form.
reviewable decision means a decision of the trustee of a bankrupt’s estate:
to make a subsection 139ZIC(1) determination; or
to refuse to revoke a subsection 139ZIC(1) determination; or
to specify a period in a supervised account notice for the purposes of subparagraph 139ZIE(1)(a)(ii); or
to refuse to specify a period in a supervised account notice for the purposes of subparagraph 139ZIE(1)(a)(ii); or
to specify requirements in a supervised account notice for the purposes of subparagraph 139ZIE(1)(a)(ix); or
to refuse to exercise the powers conferred by subsection 139ZIEA(1); or
to refuse to give a consent under subsection 139ZIG(3), 139ZIH(5), 139ZIHA(5) or 139ZII(3); or
to vary a consent given under subsection 139ZIG(3), 139ZIH(5), 139ZIHA(5) or 139ZII(3); or
to refuse to vary a consent given under subsection 139ZIG(3), 139ZIH(5), 139ZIHA(5) or 139ZII(3); or
to revoke a consent given under subsection 139ZIG(3), 139ZIH(5), 139ZIHA(5) or 139ZII(3).
supervised account, in relation to a bankrupt to whom the supervised account regime applies, means an account maintained by the bankrupt in accordance with a supervised account notice that is in force in relation to the bankrupt.
supervised account notice has the meaning given by subsection 139ZIE(1).
withdraw, in relation to an account, includes:
transfer out of; and
draw a cheque on; and
do any other thing that results in a debit from.
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