Bankruptcy Regulations 1996

SCHEDULE 7 - MODIFICATIONS UNDER PART XI OF THE ACT - ADMINISTRATION OF ESTATES OF DECEASED PERSONS  

(regulation 11.02 )

33   Section 123 (Protection of certain transfers of property against relation back etc)  

33.1    
Subsection 123(1):

Omit ' becomes a bankrupt: ' , substitute ' has died, and his or her estate has become subject to administration under Part XI: ' .

33.2    
Paragraphs 123(1)(a), (b) and (c):

After ' debtor ' insert ' before he or she died ' .

33.3    
Paragraph 123(1)(e):

Omit ' before the day on which the debtor became a bankrupt; ' , substitute ' on or before the day on which the debtor died; ' .

33.4    
Subsection 123(4):

Before ' debtor ' , insert ' deceased ' .

33.5    
Subsection 123(4):

Omit ' became a bankrupt, ' , substitute ' died, ' .

33.6    
Subsection 123(6):

Omit ' a debtor becomes ' , substitute ' a deceased debtor before his or her death became ' .

33.7    
Subsection 123(6):

Before ' debtor ' (second and third occurring), insert ' deceased ' .