BANKRUPTCY ACT 1966

PART IV - PROCEEDINGS IN CONNEXION WITH BANKRUPTCY  

Division 2A - Declaration of intention to present debtor ' s petition  

SECTION 54C   ACCEPTANCE OR REJECTION OF DECLARATION  

54C(1)   [ Official Receiver ' s role]  

Subject to section 54D , where a debtor presents a declaration under section 54A , the Official Receiver shall:


(a) if it appears to the Official Receiver that the debtor is entitled to present a declaration under section 54A and that the declaration presented is in accordance with the approved form:


(i) accept the declaration and endorse it accordingly; and

(ii) forthwith sign a copy of the declaration; or


(b) in any other case - reject the declaration.

54C(2)   [ Written notice of acceptance]  

If the Official Receiver accepts the declaration, the Official Receiver must give written notice of the acceptance of the declaration to each of the creditors disclosed in the debtor ' s statement of affairs.




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