Bankruptcy Amendment (Debt Agreement Reform) Act 2018 (118 of 2018)
Schedule 2 Debt agreements
Part 1 Length of debt agreements
Bankruptcy Act 1966
2 Subsection 185C(5)
Insert:
lease includes a sublease.
long-term lease means a lease granted by the Commonwealth, a State or a Territory for a term (including any extension or renewal) that is reasonably likely, at the time the lease is granted, to exceed 20 years.
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