Bankruptcy Regulations 2021
Note:
See the definition of FBTA Act in section 4 and subsection 33(2) .
FBTA Act 1 Subsections 7(1), (2), (3) and (4)
Repeal the subsections, substitute:
(1)
Where, at any time on a day, a person:
(a) applies a car held by the person; or
(b) makes a car held by the person available;for the private use of a bankrupt, the car is taken, for the purposes of this Act, to constitute a benefit provided on that day by the person to the bankrupt.
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