Section 56E — Bankruptcy Act 1966: Effects of acceptance of a debtor’s petition against a partnership

(1) When the Official Receiver notes the fact of acceptance on a petition that has not been amended under a direction of the Court, each member of the partnership becomes a bankrupt by force of this section. (2) When the Official Receiver notes the fact of acceptance on a petition that has been amended under a direction of the Court, each member of the partnership to whom the petition applies becomes a bankrupt by force of this section. (3) A person who becomes a bankrupt by force of this section continues to be a bankrupt until: (a) he or she is discharged by force of subsection 149(1); or (b) his or her bankruptcy is annulled by force of subsection 74(1) or 153A(1) or under section 153B. (4) If a registered trustee is the trustee of the estate of a person who becomes a bankrupt under this section, the Official Receiver must: (a) notify the trustee of the bankruptcy; and (b) give the trustee a copy of each statement of affairs that accompanied the debtor’s petition.