Civil Law and Justice Legislation Amendment Act 2015 (113 of 2015)
Schedule 1 Bankruptcy
Bankruptcy Act 1966
2 After subsection 18(2)
Insert:
Extra function of Official Trustee
(3) The functions of the Official Trustee include acting in accordance with an order of a court relating to the payment of a debt due by a person to the Commonwealth or a Commonwealth authority.
Example: Such an order may, for example, provide for the Official Trustee to:
(a) take custody of, control and own property as security for payment of such a debt; and
(b) sell the property; and
(c) apply the proceeds of the sale wholly or partly towards the payment of the debt.
Note: Other provisions of this Act and other laws of the Commonwealth confer other functions on the Official Trustee.
Official Trustee's seals
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