Bankruptcy Act 1966

PART XV - PROVISIONS RELATING TO THE BANKRUPTCY (ESTATE CHARGES) ACT 1997  

SECTION 282   EXTENSION OF TIME FOR PAYMENT - INTEREST CHARGE AND REALISATIONS CHARGE  

282(1)    
The Inspector-General may, in a particular case, extend the time for payment of interest charge or realisations charge.


282(2)    
The following provisions apply in relation to extensions of time under subsection (1) :

(a)    the person liable to pay the charge may apply for an extension;

(b)    

an application is to be in writing, setting out the reasons for the application, and is to be made to the Inspector-General before the original time for payment;

(c)    the Inspector-General ' s decision on an application is to be in writing;

(d)    

application may be made to the Administrative Review Tribunal for review of a decision to refuse an application, or to grant a lesser extension than was applied for.
Note:

Section 266 of the Administrative Review Tribunal Act 2024 requires notification of a decision that is reviewable.



 

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