Bankruptcy Act 1966

PART VI - ADMINISTRATION OF PROPERTY  

Division 4A - Orders in relation to property of entity controlled by bankrupt or from which bankrupt derived a benefit  

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History

Div 4A heading amended by No 33 of 2006, s 3 and Sch 1 item 16, by inserting " or from which bankrupt derived a benefit " at the end, applicable in relation to an examinable period that commences on or after 31 May 2006.

Div 4A inserted by No 119 of 1987, s 51(1).

SECTION 139DA  

139DA   ORDER RELATING TO PROPERTY OF NATURAL PERSON  

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If, on an application under section 139A for an order in relation to a respondent entity that is a natural person, the Court is satisfied that:

(a) during the examinable period, the entity acquired an estate in particular property as a direct or indirect result of financial contributions made by the bankrupt during that period; and

(b) the bankrupt used, or derived (whether directly or indirectly) a benefit from, the property at a time or times during the examinable period; and

(c) the entity still has the estate in the property;

the Court may make an order of a kind referred to in subsections 139D(2) and (3) , whether or not the bankrupt has ever had an estate in the property.

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History

S 139DA inserted by No 33 of 2006, s 3 and Sch 1 item 20, applicable in relation to an examinable period that commences on or after 31 May 2006.

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