Part 1 — Amendments

Bankruptcy (Estate Charges) Act 1997

1  Subsection 5(1)

Omit “trustee”, substitute “person”.

2  Subsection 5(1A)

Omit “trustee”, substitute “person”.

3  Subsection 5(3)

Omit “trustee”, substitute “person”.

4  Subsection 6(1)

Omit “trustee” (first occurring), substitute “person”.

5  Subsection 6(1A)

Omit “trustee”, substitute “person”.

6  Subsection 6(2)

Omit “trustee”, substitute “person”.

7  Subsection 6A(1)

Omit “trustee” (wherever occurring), substitute “person”.

8  Section 7A

Omit “trustee” (wherever occurring), substitute “person”.

9  Section 7A

Omit “trustee’s”, substitute “person’s”.

Note:       The heading to section 7A is altered by omitting “ trustee ” and substituting “ person ”.

10  Subsections 8(2) and (3)

Omit “trustee” (wherever occurring), substitute “person”.

Bankruptcy (Estate Charges) Amendment Act 2001

11  Section 2

Omit “at the same time as section 1 of the Bankruptcy Legislation Amendment Act 2001 ”, substitute “immediately after the commencement of section 1 of the Bankruptcy (Estate Charges) Amendment Act 2002 ”.

Part 2 — Application of amendments

12  Items 1 to 3

The amendments made by items 1, 2 and 3 apply to interest paid, after the commencement of those items, into the account held by a person for the purposes of section 169 of the Bankruptcy Act 1966 .

13  Items 4 to 10

The amendments made by items 4, 5, 6, 7, 8, 9 and 10 apply to amounts received after the commencement of those items.