Bankruptcy and Family Law Legislation Amendment Act 2005 (20 of 2005)

Schedule 1 Amendments relating to the interaction between family law and bankruptcy law

Insert:

5 Debtor subject to a personal insolvency agreement

For the purposes of this Act, if:

(a) a person who is a debtor (within the meaning of Part X of the Bankruptcy Act 1966) executes a personal insolvency agreement; and

(b) the agreement has not ended (within the meaning of the Bankruptcy Act 1966);

the person is a debtor subject to the personal insolvency agreement.