Jurisdiction to make sequestration orders
43 Jurisdiction to make sequestration orders
Subject to this Act, where:
a debtor has committed an act of bankruptcy; and
at the time when the act of bankruptcy was committed, the debtor:
was personally present or ordinarily resident in Australia;
had a dwelling‑house or place of business in Australia;
was carrying on business in Australia, either personally or by means of an agent or manager; or
was a member of a firm or partnership carrying on business in Australia by means of a partner or partners or of an agent or manager;
the Court may, on a petition presented by a creditor, make a sequestration order against the estate of the debtor.
Upon the making of a sequestration order against the estate of a debtor, the debtor becomes a bankrupt, and continues to be a bankrupt until:
he or she is discharged by force of subsection 149(1); or
his or her bankruptcy is annulled by force of subsection 74(1) or 153A(1) or under section 153B.
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