When debtor disqualified from presenting declaration
54B When debtor disqualified from presenting declaration
A debtor is not entitled to present a declaration under section 54A:
when the debtor is not entitled, except with the leave of the Court, to present a petition under section 55;
after a creditor’s petition presented against the debtor is served on the debtor and before:
a sequestration order is made on the petition;
the petition is withdrawn or dismissed; or
the petition lapses under subsection 52(4);
after a debtor’s petition is presented against the debtor and before the petition is accepted or rejected;
while the debtor’s property is subject to control under Division 2 of Part X;
within 6 months after the debtor signs an authority under section 188; or
within 12 months after a declaration presented by the debtor under section 54A is accepted under section 54C.
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.