Bankruptcy Regulations 1996

PART 13 - NATIONAL PERSONAL INSOLVENCY INDEX  

Division 2A - Removal of information from the Index  

REGULATION 13.05A   REMOVAL OF INFORMATION RELATING TO DEBT AGREEMENT FROM THE INDEX  

13.05A(1)    
If a debt agreement ends under section 185N of the Act, the Official Receiver must remove information relating to the debt agreement from the Index within 1 month after the later of the following days:

(a) 5 years after the day on which the debt agreement was made;

(b) the day on which the debt agreement ends.

13.05A(2)    
If a debt agreement is terminated under section 185P , 185Q , 185QA or 185R of the Act, the Official Receiver must remove information relating to the debt agreement from the Index within 1 month after the later of the following days:

(a) 5 years after the day on which the debt agreement was made;

(b) 2 years after the day on which the debt agreement is terminated.

13.05A(3)    
If an order is made under section 185U of the Act declaring all of a debt agreement void, the Official Receiver must remove information relating to the debt agreement from the Index within 1 month after the later of the following days:

(a) 5 years after the day on which the debt agreement was made;

(b) 2 years after the day on which the order is made.