Bankruptcy Amendment (Debt Agreement Reform) Act 2018 (118 of 2018)
Schedule 2 Debt agreements
Part 8 Alignment of offences
Bankruptcy Act 1966
30 After section 185LD
Insert:
185LDA Offence relating to the trust account
A person commits an offence of strict liability if:
(a) the person is subject to a requirement under subsection 185LD(1), (2) or (2A); and
(b) the person fails to comply with the requirement.
Penalty: 50 penalty units.
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).
