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COMMONWEALTHAct
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s 185LEA

Annual return

In force
Part IXDebt agreements
Division 3ADuties of administrators

185LEA Annual return

(1)

If, during a financial year, an administrator of a debt agreement administered the agreement, the administrator must, within the period of 25 business days after the end of that year, give the Inspector‑General a return, in the approved form, in relation to the administration of that agreement during that year.

Penalty: 5 penalty units.

Note:

See also section 277B (about infringement notices).

(2)

Subsection (1) is an offence of strict liability.

Note:

For strict liability, see section 6.1 of the Criminal Code.

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Section 185LEA — Annual return — Bankruptcy Act 1966 (Commonwealth) — Barrister AI