Bankruptcy Act 1966
Note: See section 4A .
PART 3 - GENERAL RULES RELATING TO ESTATE ADMINISTRATIONSMoney only to be paid out of administration account in accordance with this Act etc.
65-25(1)
The trustee of a regulated debtor ' s estate must not pay any money out of the administration account for the estate otherwise than:
(a) for purposes related to the administration of the estate; or
(b) in accordance with this Act; or
(c) in accordance with a direction of the Court.
Offence
65-25(2)
A person commits an offence of strict liability if:
(a) the person is subject to a requirement under subsection (1); and
(b) the person fails to comply with the requirement.
Penalty: 50 penalty units.
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