Information to be given to Official Receiver in relation to orders terminating or setting aside a personal insolvency agreement
67 Information to be given to Official Receiver in relation to orders terminating or setting aside a personal insolvency agreement
If the Court makes an order:
under subsection 222(1), (2) or (5) of the Act, setting aside a personal insolvency agreement; or
under subsection 222C(1) of the Act, terminating a personal insolvency agreement;
the applicant for the order must:
give a copy of the order to the Official Receiver; and
do so within 2 business days after the order is made.
Persons not required to give copies
However, subsection (1) does not apply if the applicant is:
the Official Trustee; or
the Inspector‑General; or
a registered trustee.
If the Court makes an order setting aside or terminating a personal insolvency agreement and a registered trustee was the trustee of the agreement, the registered trustee must give written notice of the order to the Official Receiver (see subsection 224A(4) of the Act).
Offence
A person commits an offence if:
the person is required to give a copy of an order to the Official Receiver in accordance with subsection (1); and
the person fails to comply with the requirement.
Penalty: 1 penalty unit.
An offence against subsection (3) is an offence of strict liability.
This Act’s bill:Explanatory statement
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