Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BANKRUPTCY ACT 1966 - SECT 139DA

Order relating to property of natural person

    If, on an application under section   139A for an order in relation to a respondent entity that is a natural person, the Court is satisfied that:

  (a)   during the examinable period, the entity acquired an estate in particular property as a direct or indirect result of financial contributions made by the bankrupt during that period; and

  (b)   the bankrupt used, or derived (whether directly or indirectly) a benefit from, the property at a time or times during the examinable period; and

  (c)   the entity still has the estate in the property;

the Court may make an order of a kind referred to in subsections   139D(2) and (3), whether or not the bankrupt has ever had an estate in the property.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback