Bankruptcy Act 1966
PART IX
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DEBT AGREEMENTS
Division 8
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Registration of debt agreement administrators etc.
Subdivision B
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Registration of debt agreement administrators
SECTION 186G
CONDITION OF REGISTRATION
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COMPANIES
186G(1)
This section applies to a company if the company is a registered debt agreement administrator.
186G(2)
It is a condition of the company ' s registration as a debt agreement administrator that each individual who takes overall responsibility for managing the company ' s debt agreement activities must be:
(a) a registered debt agreement administrator; or
(b) a registered trustee.
186G(2A)
The company ' s registration as a debt agreement administrator is subject to the conditions determined in an instrument under subsection (2B).
186G(2B)
The Minister may, by legislative instrument, determine conditions for the purposes of subsection (2A).
186G(3)
Subsections (2) and (2A) do not limit subsection 186C(9) or section 186F .
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Hide history noteThis section applies to a company if the company is a registered debt agreement administrator.
186G(2)
It is a condition of the company ' s registration as a debt agreement administrator that each individual who takes overall responsibility for managing the company ' s debt agreement activities must be:
(a) a registered debt agreement administrator; or
(b) a registered trustee.
186G(2A)
The company ' s registration as a debt agreement administrator is subject to the conditions determined in an instrument under subsection (2B).
186G(2B)
The Minister may, by legislative instrument, determine conditions for the purposes of subsection (2A).
186G(3)
Subsections (2) and (2A) do not limit subsection 186C(9) or section 186F .
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