Bankruptcy Act 1966
PART XV - PROVISIONS RELATING TO THE BANKRUPTCY (ESTATE CHARGES) ACT 1997
View history note
Hide history noteSECTION 282 EXTENSION OF TIME FOR PAYMENT - INTEREST CHARGE AND REALISATIONS CHARGE
282(1)
The Inspector-General may, in a particular case, extend the time for payment of interest charge or realisations charge.
282(2)
The following provisions apply in relation to extensions of time under subsection
(1)
:
(a) the person liable to pay the charge may apply for an extension;
(b)
an application is to be in writing, setting out the reasons for the application, and is to be made to the Inspector-General before the original time for payment;(c) the Inspector-General ' s decision on an application is to be in writing;
(d)
application may be made to the Administrative Review Tribunal for review of a decision to refuse an application, or to grant a lesser extension than was applied for.Note:
Section 266 of the Administrative Review Tribunal Act 2024 requires notification of a decision that is reviewable.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.