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COMMONWEALTHRegulation
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s 82

Removal from the Index of information relating to debt agreement

In force
Part 13National Personal Insolvency Index
Division 3Information not to be entered in the Index and information to be removed from the Index

82 Removal from the Index of information relating to debt agreement

(1)

If a debt agreement ends under section 185N of the Act, the Official Receiver must remove all information relating to the debt agreement from the Index within 1 month after the later of the following days:

(a)

5 years after the day on which the debt agreement was made;

(b)

the day on which the debt agreement ends.

(2)

If a debt agreement is terminated under section 185P, 185Q, 185QA or 185R of the Act, the Official Receiver must remove all information relating to the debt agreement from the Index within 1 month after the later of the following days:

(a)

5 years after the day on which the debt agreement was made;

(b)

2 years after the day on which the debt agreement is terminated.

(3)

If an order is made under section 185U of the Act declaring all of a debt agreement void, the Official Receiver must remove all information relating to the debt agreement from the Index within 1 month after the later of the following days:

(a)

5 years after the day on which the debt agreement was made;

(b)

2 years after the day on which the order is made.

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