BANKRUPTCY ACT 1966

PART IV - PROCEEDINGS IN CONNEXION WITH BANKRUPTCY  

Division 1 - Acts of bankruptcy  

SECTION 42   PAYMENT ETC. OF DEBT TO COMMONWEALTH OR STATE AFTER SERVICE OF BANKRUPTCY NOTICE  

42(1)  
Where a bankruptcy notice under this Act is served on a debtor by the Commonwealth or a State, it is a sufficient compliance with the notice if, within the time allowed by the notice, the debtor pays the amount required to be paid by the notice to, or secures it or compounds it to the satisfaction of:


(a) the Secretary of the Attorney-General ' s Department, or the Crown Solicitor of the State, as the case may be; or


(b) if an agent of the Commonwealth, or of the State, as the case may be, is specified in the notice for the purpose, the agent so specified.

42(2)  
A statement that the debtor may comply with the notice in the manner referred to in subsection (1) may be included in a bankruptcy notice issued on the application of the Commonwealth or a State.




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