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StatuteBankruptcy Act 1966

Section 139ZIA — Bankruptcy Act 1966: Objects

Text of the provision Official document

The objects of this Subdivision are: (a) to improve the likelihood that a bankrupt will have sufficient money to pay contributions or instalments of contributions; and (b) to ensure that all monetary income received by the bankrupt is deposited to a single account (the supervised account); and (c) to enable the trustee to supervise withdrawals from the account.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.