BANKRUPTCY ACT 1966

PART IB - APPLICATION OF ACT  

SECTION 7   APPLICATION OF ACT  

7(1)   [Persons affected]  

This Act extends to debtors being persons who are not Australian citizens and persons who have privilege of Parliament.

7(1A)   [Age of debtors]  

This Act applies to debtors whether or not they have attained the age of 18 years.

7(2)   [Exceptions to application]  

A sequestration order shall not be made against, nor a debtor ' s petition presented by:


(a) a corporation; or


(b) a partnership or association registered under a law of the Commonwealth, of a State, or of a Territory of the Commonwealth, that provides for the winding up of a partnership or association registered under that law.

7(3)   [Application to partnerships]  

This Act applies, with any modifications prescribed by the regulations, in relation to limited partnerships as if they were ordinary partnerships and, upon all the general partners of a limited partnership becoming bankrupt, the assets of the limited partnership shall vest in the trustee.

7(4)  
(Omitted by No 119 of 1987, s 7(c).)




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.