Bankruptcy Amendment (Debt Agreement Reform) Act 2018 (118 of 2018)

Schedule 2   Debt agreements

Part 5   Voiding debt agreements

Bankruptcy Act 1966

21   At the end of subsection 185T(2)

Add:

; (c) an administrator of the debt agreement has committed a breach of duty in relation to the agreement;

(d) if the administrator of the debt agreement is a registered debt agreement administrator - the administrator has breached a condition determined in an instrument under subsection 186F(4) or 186G(2B);

(e) if the administrator of the debt agreement is a registered trustee - the administrator has breached a condition imposed under section 20-35 of Schedule 2, to the extent that the condition relates to the administration of debt agreements.