s 209
In forceActs of controlling trustee to bind trustee of subsequent personal insolvency agreement or bankruptcy
Part XPersonal insolvency agreements
Division 2Meeting of creditors and control of debtor’s property
209 Acts of controlling trustee to bind trustee of subsequent personal insolvency agreement or bankruptcy
Where:
(a)
a debtor signs an authority under section 188; and
(b)
subsequently a personal insolvency agreement is entered into by the debtor or the debtor becomes a bankrupt;
all payments made, acts and things done, transactions entered into and liabilities incurred by the controlling trustee in good faith in exercise of his or her powers under this Part are binding on the trustee of the personal insolvency agreement or in the bankruptcy, as the case may be.
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.