Bankruptcy Act 1966
Subdiv B heading inserted by No 86 of 2002, s 3 and Sch 4 item 15, effective 1 January 2003.
Act No 86 of 2002 contained the following application provision:
16
Subdivision B of Division 2 of Part VI of the Bankruptcy Act 1966 applies, in relation to:
(a) a proceeds of crime order; or
(b) an application for a proceeds of crime order;made after the commencement of this Schedule, to any bankruptcy, even if the date of bankruptcy is before that commencement.
If circumstances arise as a result of which:
(a) this Subdivision prevents Subdivision A from being applied to the proceeds of property of a bankrupt; or
(b) this Subdivision no longer prevents Subdivision A from being applied to the proceeds of property of a bankrupt;
the Director of Public Prosecutions (or the Commissioner of the Australian Federal Police, if the Commissioner is the Commonwealth proceeds of crime authority that is the responsible authority for the order under the Proceeds of Crime Act 2002 ) must, as soon as practicable, give the trustee written notice of the existence of the circumstances.
S 114C amended by No 174 of 2011, s 3 and Sch 2 item 145, by inserting " (or the Commissioner of the Australian Federal Police, if the Commissioner is the Commonwealth proceeds of crime authority that is the responsible authority for the order under the Proceeds of Crime Act 2002 ) " after " Director of Public Prosecutions " , effective 1 January 2012. For application provision, see note under s 12(1C) .
S 114C inserted by No 86 of 2002, s 3 and Sch 4 item 15, commenced 1 January 2003.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.