Bankruptcy Act 1966

PART VII - DISCHARGE AND ANNULMENT  

Division 2 - Discharge by operation of law  

Subdivision A - Discharge after certain period  

SECTION 149   AUTOMATIC DISCHARGE  

149(1)    


A bankrupt is discharged from bankruptcy, by force of this subsection, at the end of the period of 3 years from whichever of the following dates is applicable:

(a)    for a bankruptcy because of a sequestration order - the date the statement of the bankrupt ' s affairs accepted under subsection 57B(1) was filed;

(b)    for a bankruptcy because of a debtor ' s petition (other than a bankruptcy to which paragraph (c) of this subsection applies) - the date the Official Receiver accepted the debtor ' s petition;

(c)    for a bankruptcy, because of a debtor ' s petition against a partnership, of a member of the partnership who did not join in presenting the petition - the date the statement of the bankrupt ' s affairs accepted under subsection 57B(1) was filed.

149(2)    
Subsection (1) applies subject to section 149A (objection to discharge of bankruptcy).

Note:

See Part 2 of Schedule 1 to the Bankruptcy Amendment (Discharge from Bankruptcy) Act 2023 for provisions relating to the discharge from bankruptcy of persons that became bankrupt before the commencement of that Part.





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