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COMMONWEALTHAct
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s 185G

Lapsing of a debt agreement proposal

In force
Part IXDebt agreements
Division 2Debt agreement proposals

185G Lapsing of a debt agreement proposal

A debt agreement proposal lapses if:

(b)

the Official Receiver accepts the proposal for processing and writes to affected creditors about it, but no replies are received before the applicable deadline; or

(c)

the debtor dies after giving the proposal to the Official Receiver but before a debt agreement is made on the basis of the proposal.

Note:

Section 185H deals with the making of a debt agreement.

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