BANKRUPTCY ACT 1966

PART XIA - FARMERS ' DEBTS ASSISTANCE  

SECTION 253B   253B   LAW OF STATE OR TERRITORY MAY BE PROCLAIMED  
Where a law of a State or Territory (including a law that came into operation before the commencement of this section):


(a) provides for the giving of financial assistance for the purpose of discharging debts of persons who are farmers within the meaning of the Loan (Farmers ' Debt Adjustment) Act 1935 ; or


(b) (Repealed by No 73 of 2008)


(c) gives effect to the agreement between the Commonwealth and the States the execution of which, on behalf of the Commonwealth, was approved by the States Grants (Rural Adjustment) Act 1976 or that agreement as subsequently amended (including that agreement as amended by the agreement between the Commonwealth, the States and the Northern Territory the execution of which, on behalf of the Commonwealth, was approved by the States and Northern Territory Grants (Rural Adjustment) Act 1979 or that last-mentioned agreement as subsequently amended); or


(d) gives effect to the agreement between the Commonwealth and the States and the Northern Territory the execution of which, on behalf of the Commonwealth, was approved by the States and Northern Territory Grants (Rural Adjustment) Act 1985 or that agreement as subsequently amended; or


(e) gives effect to an agreement between the Commonwealth and a State or the Northern Territory whose execution, on behalf of the Commonwealth, was approved by the States and Northern Territory Grants (Rural Adjustment) Act 1988 , or that agreement as subsequently amended;

the Governor-General may, by Proclamation, specify the law as a law in relation to which this Part applies.




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