Bankruptcy Amendment (Debt Agreement Reform) Act 2018 (118 of 2018)

Schedule 2   Debt agreements

Part 8   Alignment of offences

Bankruptcy Act 1966

33   Application provisions

(1) Subsection 185LD(2A) of the Bankruptcy Act 1966, as inserted by this Part, applies in relation to:

(a) debt agreements that come into force on or after the commencement of this item; and

(b) debt agreements that were in force immediately before that commencement.

(2) Section 185LDA of the Bankruptcy Act 1966, as inserted by this Part, applies in relation to:

(a) to the extent that section relates to subsection 185LD(1) or (2) of that Act - money received on or after the commencement of this item; and

(b) to the extent that section relates to subsection 185LD(2A) of that Act - money paid out of the account on or after the commencement of this item.

(3) Subsection 185LE(1A) of the Bankruptcy Act 1966, as inserted by this Part, applies in relation to debt agreements that come into force on or after the commencement of this item.