PART IX
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DEBT AGREEMENTS
History
Pt IX
-
Debt agreements inserted by No 44 of 1996, Sch 1, Pt 1(320).
Pt IX
-
Small Bankruptcies repealed by No 12 of 1980, s 99.
Division 7
-
General provisions relating to debt agreements
History
Div 7 heading amended by No 44 of 2007, s 3 and Sch 1 item 18, by substituting
"
General provisions relating to debt agreements
"
for
"
Miscellaneous
"
, effective 11 April 2007.
SECTION 185ZCB
185ZCB
CONTROL OF ADMINISTRATORS BY THE COURT
If a debt agreement is in force, the Court may, on the application of:
(a)
the Inspector-General; or
(b)
the debtor; or
(c)
a creditor;
inquire into the conduct of the administrator, and may do either or both of the following:
(d)
remove the administrator from office;
(e)
make such order as it thinks proper.
History
S 185ZCB inserted by No 44 of 2007, s 3 and Sch 2 item 67, applicable in relation to:
(a) a debt agreement proposal given to the Official Receiver on or after 1 July 2007; and
(b) a debt agreement made as the result of the acceptance of a debt agreement proposal given to the Official Receiver on or after 1 July 2007.