Bankruptcy Act 1966
View history note
Hide history note(a) a person (the earlier administrator ) ceases to be the administrator of a debt agreement; and
(b) another person (the later administrator ) becomes the administrator of the debt agreement in place of the earlier administrator. 185LF(2) Duty.
The earlier administrator must:
(a) prepare an account of:
(i) money received by the earlier administrator from the debtor in relation to the debt agreement; and
(ii) payments made by the earlier administrator in relation to the debt agreement; and
(b) keep a copy of the account; and
(c) give the later administrator:
(i) a copy of the account; and
(ii) a copy of any other accounts the earlier administrator received from a person who was the administrator of the debt agreement before the earlier administrator.
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