BANKRUPTCY ACT 1966

PART X - PERSONAL INSOLVENCY AGREEMENTS  

Division 3 - General provisions  

SECTION 216   EXECUTION OF PERSONAL INSOLVENCY AGREEMENTS  

216(1)   [Execution within 21 days]  

A personal insolvency agreement must be executed by the debtor and the trustee within 21 days from the day on which the special resolution requiring the debtor to execute the agreement was passed.

216(2)   [Witnessing]  

The execution of the agreement by the debtor and by the trustee shall be attested by a witness.




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