Commonwealth Consolidated Acts

BANKRUPTCY ACT 1966 - SECT 286

  (1)   The regulations may include other provisions dealing with the collection and recovery of interest charge, realisations charge or late payment penalty, including (but not limited to) provisions dealing with the following:

  (a)   the methods by which charge and late payment penalty may be paid;

  (b)   refunds of, or overpayments of, charge or late payment penalty;

  (c)   as an alternative to the refund of the whole or a part of an amount to a person, crediting the amount or part of the amount against a liability of the person to pay charge or late payment penalty;

  (d)   forms to be used, and information to be provided, in relation to the payment of charge and late payment penalty.

  (2)   The matters that may be covered in regulations made for the purposes of paragraph   (1)(a) include, but are not limited to, the making of payments using:

  (a)   electronic funds transfer systems; or

  (b)   credit cards; or

  (c)   debit cards.

  (3)   A refund of an amount in accordance with the regulations is to be paid out of the Consolidated Revenue Fund, which is appropriated accordingly.