Bankruptcy Regulations 1996

SCHEDULE 6 - MODIFICATIONS IN RELATION TO PART X OF THE ACT  

(regulations 10.01 , 10.05 , 10.07 , 10.08 and 10.13 )

PART 6 - MODIFICATIONS UNDER SUBSECTION 231(3) OF THE ACT - PERSONAL INSOLVENCY AGREEMENTS  

12   Subsection 139(2)  

12	omit everything after
			in respect of property
		insert
			that is subject to the personal insolvency agreement, being rates, land tax or municipal or other statutory charges that fall due on or after the date of execution of the personal insolvency agreement, except to the extent, if any, of the rents and profits received by the trustee in respect of that property on or after the date of execution of the personal insolvency agreement.