Bankruptcy Amendment (Debt Agreement Reform) Act 2018 (118 of 2018)

Schedule 1   Debt agreement proposals

Part 6   Other matters

Bankruptcy Act 1966

40   After subsection 185EC(1)

Insert:

(1A) For the purposes of paragraph (1)(b), disregard an affected creditor who:

(a) is the proposed administrator; or

(b) was, on becoming an affected creditor, a related entity of the proposed administrator.