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TOTAL RESULTS: 159

  • Date
    12 Feb 2019 
    Chamber
    Senate 
    Status
    Not Proceeding 
    Sponsor
    HANSON, Sen Pauline 
    Summary
    Enforces the separation of retail commercial banking activities involving the holding of deposits from wholesale and investment banking activities, such as financial advice, wealth management, stock broking and insurance. 

    Bill | Explanatory Memorandum

  • Date
    07 Oct 2020 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Infrastructure, Transport, Regional Development and Communications 
    Summary
    Introduced with the Territories Legislation Amendment Bill 2020, the bill amends the
    Bankruptcy (Estate Charges) Act 1997
    to extend the application of the Act to Norfolk Island. 

    Bill | Explanatory Memorandum

  • Date
    07 Jun 2001 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Attorney-General portfolio 

    Bill | Explanatory Memorandum

  • Date
    21 Mar 2002 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Attorney-General 
    Summary
    Amends the:
    Bankruptcy (Estate Charges) Act 1997
    to close a loophole by imposing the realisations charge and the interest charge on amounts received by all persons (not only trustees) who are controlling trustees; and
    Bankruptcy (Estate Charges) Amendment Act 2001
    to provide for commencement of the Act (as the existing commencement provision is tied to commencement of the Bankruptcy Legislation Amendment Bill 2001 which lapsed last Parliament). Also contains application provisions. 

    Bill | Explanatory Memorandum

  • Date
    24 Mar 2004 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Attorney-General 
    Summary
    Introduced with the Bankruptcy Legislation Amendment Bill 2004, the bill amends the
    Bankruptcy (Estate Charges) Act 1997
    to reflect the repeal of the three types of Part X administrations and the introduction of personal insolvency agreements in the proposed
    Bankruptcy Legislation Amendment Act 2004
    . Also contains transitional provisions. 

    Bill | Explanatory Memorandum

  • Date
    15 Feb 2007 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Attorney-General 
    Summary
    Amends the
    Bankruptcy (Estate Charges) Act 1997
    to extend the application of the realisations charge and interest charge to money received by debt agreement administrators pursuant to debt agreements made under the
    Bankruptcy Act 1966

    Bill | Explanatory Memorandum

  • Date
    14 Feb 2018 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Attorney-General 
    Summary
    Amends the
    Bankruptcy Act 1966
    to reform Australia’s debt agreement system, including by: specifying persons authorised to administer debt agreements and related qualification and registration requirements; specifying arrangements relating to the content, length, variation, termination and voiding of debt agreements; introducing offences relating to the administration of debt agreements; specifying the functions and powers of the Inspector General; modifying requirements in relation to the payment of, and the application process for, unclaimed moneys; and making related technical amendments. 

    Bill | Explanatory Memorandum

  • Date
    14 Nov 2023 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Attorney-General 
    Summary
    Amends the:
    Bankruptcy Act 1966
    to regularise and validate the administrative processes of the Australian Financial Security Authority and its predecessors in relation to determining when a statement of affairs is taken to have been filed for the purposes of a debtor’s petition or as required in relation to a sequestration order; and
    Bankruptcy Regulations 2021
    to align the dates that the Official Receiver is required to enter in the National Personal Insolvency Index with the amendments to the
    Bankruptcy Act 1966

    Bill | Explanatory Memorandum

  • Date
    19 Oct 2017 
    Chamber
    Senate 
    Status
    Not Proceeding 
    Portfolio
    Attorney-General 
    Summary
    Amends the
    Bankruptcy Act 1966
    to: provide that, where a bankrupt becomes a bankrupt again, the income contribution obligations and contribution assessment period for the first bankruptcy will cease; provide that ceasing income contributions to a trustee in an earlier bankruptcy in the event of a second bankruptcy does not limit the ability of the trustee in the later bankruptcy to exercise certain powers; amend notification requirements to provide that a bankrupt or discharged bankrupt must notify the trustee within 10 business days of changes to their name, address and phone number during the ‘prescribed period’; clarify the period for which eligible discharged bankrupts must continue to make income contribution payments to the bankrupt estate; extend the requirement to make certain income contribution payments to persons who are eligible to make these payments, but have been automatically discharged after one year; ensure that a bankrupt or discharged bankrupt will ordinarily be liable for income contributions for at least three contribution assessment periods; provide that determinations regarding supervised account regimes apply post discharge and throughout the contribution assessment periods, and only cease when the bankrupt is no longer liable to pay a contribution; extend the obligations and duties on a bankrupt to keep and produce records of income, employment and financial transactions or dealings; provide for an automatic discharge after one year of bankruptcy and related transitional arrangements; and enable the extension of a period of bankruptcy on the basis of an objection by a trustee or official receiver. 

    Bill | Explanatory Memorandum

  • Date
    05 Jul 2011 
    Chamber
    Senate 
    Status
    Not Proceeding 
    Sponsor
    XENOPHON, Sen Nick 
    Summary
    Amends the Bankruptcy Regulations 1996 to provide that payments made under the Exceptional Circumstances Exit Package on or after 1 July 2010 are exempt from bankruptcy proceedings where a final order in bankruptcy has not been finalised by the courts or the debts paid. 

    Bill | Explanatory Memorandum