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Second Reading Speeches

Bankruptcy Legislation Amendment (Superannuation Contributions) Bill 2006 [2007]

Type
Government
Portfolio
Attorney-General
Originating house
Senate
Status
Act
Parliament no
41

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Summary

Amends the:

Bankruptcy Act 1966
and
Payment Systems and Netting Act 1998
to provide for the recovery of superannuation contributions made with the intention to defeat creditors; and
Bankruptcy Act 1966
and
Proceeds of Crime Act 2002
to: provide for certain rural support grants to be exempt from the property available to pay the bankrupt’s creditors; and make minor technical amendments in relation to the operation of the Act.