Section 139F — Bankruptcy Act 1966: Court to take account of interests of other persons

(1) In considering whether or not to make under section 139D or 139DA a particular order relating to property in which the respondent entity has an estate, the Court shall take account of: (a) the nature and extent of any estate that any other person or entity has in the property and any hardship that the order might cause that other person or entity; and (b) the respondent entity’s current net worth and any hardship the order might cause the respondent entity’s creditors. (2) In considering whether or not to make a particular order under section 139E or 139EA, the Court shall take account of the respondent entity’s current net worth and any hardship the order might cause the entity’s creditors.