Section 218 — Bankruptcy Act 1966: Notice of execution of personal insolvency agreement

(1) The trustee of a personal insolvency agreement entered into in pursuance of this Part shall: (a) notify each creditor of the debtor as soon as practicable after the debtor and the trustee have executed the agreement; and (b) within 2 days after the execution of the agreement by the debtor and the trustee—file a copy of the agreement in the office of the Official Receiver. (2) The trustee commits an offence if the trustee fails to comply with a requirement under paragraph (1)(b). Penalty: 5 penalty units. Note: See also section 277B (about infringement notices). (2A) Subsection (2) is an offence of strict liability. Note: For strict liability, see section 6.1 of the Criminal Code. (3) A trustee must notify creditors under paragraph (1)(a) in the way prescribed by the regulations.