Bankruptcy Regulations 1996

SCHEDULE 6 - MODIFICATIONS IN RELATION TO PART X OF THE ACT  

(regulations 10.01 , 10.05 , 10.07 , 10.08 and 10.13 )

PART 6 - MODIFICATIONS UNDER SUBSECTION 231(3) OF THE ACT - PERSONAL INSOLVENCY AGREEMENTS  

8   Paragraphs 138(1)(a) and (b)  

8	substitute
			(a)	the property of a debtor that is subject to a personal insolvency agreement includes rights in respect of industrial property; and
			(b)	the debtor is liable to pay royalties or a share of profits to a person in respect of those rights;