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

Schedule 2   Debt agreements

Part 4   Court orders to terminate debt agreements

Bankruptcy Act 1966

18   After paragraph 185Q(4)(b)

Insert:

(ba) that one of the following applies:

(i) the administrator of the agreement has contravened subsection 185EC(6) in relation to the relevant debt agreement proposal;

(ii) the administrator of the agreement has contravened subsection 185MC(6) in relation to the agreement, whether or not the proposal to vary the agreement was accepted;

(iii) the administrator of the agreement has contravened subsection 185PC(6) in relation to the agreement, where the proposal to terminate the agreement was not accepted; or