Bankruptcy and Family Law Legislation Amendment Act 2005 (20 of 2005)
Schedule 1 Amendments relating to the interaction between family law and bankruptcy law
Part 1 Amendments
Family Law Act 1975
22 At the end of section 72
Add:
(2) The liability under subsection (1) of a bankrupt party to a marriage to maintain the other party may be satisfied, in whole or in part, by way of the transfer of vested bankruptcy property in relation to the bankrupt party if the court makes an order under this Part for the transfer.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
