Bankruptcy Legislation Amendment Act 2010 (106 of 2010)

Schedule 2   Offence provisions etc.

Bankruptcy Act 1966

27   After section 170

Insert:

170A Annual return

(1) If, during a financial year, the trustee of the estate of a bankrupt administered the estate, the trustee must, within the period of 35 days after the end of that year, give the Inspector-General a return, in the approved form, in relation to the administration of that estate during that year.

Penalty: 5 penalty units.

Note: See also section 277B (about infringement notices).

(2) Subsection (1) is an offence of strict liability.

Note: For strict liability, see section 6.1 of the Criminal Code.

(3) This section does not apply in relation to the Official Trustee.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).