Bankruptcy Legislation Amendment Act 2002 (131 of 2002)

Schedule 1   Amendments

Part 1   Amendments

Bankruptcy Act 1966

134   At the end of section 155D

Add:

(2) The Inspector-General must not extend the registration of a person if:

(a) the person owes a total of more than $50 for the following:

(i) charge under the Bankruptcy (Estate Charges) Act 1997 (the estate charge );

(ii) penalty under section 281 of this Act in respect of that charge; and

(b) the Inspector-General notified the person of the unpaid estate charge at least 14 days before the due date for payment of the charge under subsection (3) on the extension of the registration.

(3) The charge on an extension of registration is due for payment one month before the expiry of the registration. If the charge is not paid by then, an additional amount equal to 20% of the charge is payable by the trustee by way of penalty.