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COMMONWEALTHAct
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s 185LA

Duties of an administrator—general

In force
Part IXDebt agreements
Division 3ADuties of administrators

185LA Duties of an administrator—general

(1)

The duties of an administrator of a debt agreement include:

(a)

dealing with the debtor’s property in the manner specified in the debt agreement; and

(b)

giving information about the administration of the debt agreement to the debtor if the debtor makes a reasonable request for the information; and

(c)

giving information about the administration of the debt agreement to a creditor who:

(i)

is a party to the debt agreement; and

(ii)

makes a reasonable request for the information; and

(d)

considering whether the debtor has committed an offence against this Act; and

(e)

referring to the Inspector‑General or to relevant law enforcement authorities any evidence of an offence by the debtor against this Act.

(2)

An administrator of a debt agreement has a duty not to be reimbursed for expenses the administrator incurred in administering the debt agreement unless those expenses are of a kind specified in the relevant debt agreement proposal as mentioned in subsection 185C(3B).

(3)

If an administrator of a debt agreement signs a certificate under paragraph 185M(1DB)(a) or subsection 185M(1F) in relation to a proposal to vary the agreement, the administrator has a duty to ensure that the certificate is correct.

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