Bankruptcy Act 1966

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (BANKRUPTCY)  

Note: See section 4A .

PART 3 - GENERAL RULES RELATING TO ESTATE ADMINISTRATIONS  

Division 65 - Funds handling  

SECTION 65-10  

65-10   ADMINISTRATION ACCOUNTS  

A bank account is an administration account in relation to a regulated debtor ' s estate if:

(a)    the account is maintained in relation to the regulated debtor ' s estate; and

(b)    if any requirements are prescribed in relation to administration accounts of regulated debtors ' estates, it complies with those requirements.