Bankruptcy Act 1966

PART VI - ADMINISTRATION OF PROPERTY  

Division 4B - Contribution by bankrupt and recovery of property  

Subdivision HA - Supervised account regime  

SECTION 139ZIA  

139ZIA   OBJECTS  

The objects of this Subdivision are:

(a) to improve the likelihood that a bankrupt will have sufficient money to pay contributions or instalments of contributions; and

(b) to ensure that all monetary income received by the bankrupt is deposited to a single account (the supervised account ); and

(c) to enable the trustee to supervise withdrawals from the account.