Bankruptcy Legislation Amendment Bill 2002

Type
Government
Portfolio
Attorney-General
Originating house
House of Representatives
Status
Act
Parliament no
40

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Summary

Amends the Bankruptcy Act 1966 to make changes to bankruptcy law and practice aimed at ensuring that the interests of debtors and creditors are better balanced, particularly in relation to: early discharge arrangements; effective sanctions on uncooperative bankrupts; and administration of bankruptcies by trustees. Also makes technical and machinery amendments and contains transitional provisions.

Progress

House of Representatives
Introduced and read a first time 21 Mar 2002
Second reading moved 21 Mar 2002
Second reading agreed to 30 May 2002
Third reading agreed to 30 May 2002
Senate
Introduced and read a first time 19 Jun 2002
Second reading moved 19 Jun 2002
Second reading amendment agreed to
  • Details: 1 Australian Democrats agreed to
14 Nov 2002
Second reading agreed to 14 Nov 2002
Committee of the Whole debate
  • Amendment details: 8 Opposition and 2 Australian Democrats agreed to
15 Nov 2002
Third reading agreed to 15 Nov 2002
House of Representatives
Consideration of Senate message
  • Details: House disagreed to Senate amendments
02 Dec 2002
Senate
Consideration of House of Reps message
  • Details: Senate did not insist on its amendments
09 Dec 2002
Assent
  • Act no.: 131
  • Year: 2002
18 Dec 2002

Documents and transcripts

Text of bill

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Explanatory memoranda

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Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

No documents at present

Bills digest

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Notes

Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changed to the bill. For details about the outcome of proposed amendments please refer to either theĀ Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.