Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Current HansardDownload Current Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Thursday, 7 June 2001
Page: 27511

Mr WILLIAMS (Attorney-General) (10:06 AM) —I move:

That the bill be now read a second time.

The Bankruptcy (Estate Charges) Amendment Bill 2001 will amend the Bankruptcy (Estate Charges) Act 1997 to exempt any surplus in a bankrupt estate from the scope of the realisations charge.

It also will align charge periods with the financial year, remove current payment obligations for the interest charge and the realisations charge if the amount otherwise payable is less than $10 in a charge period, and close some charge-avoidance opportunities.

I commend the bill to the House, and I present the explanatory memorandum.

Debate (on motion by Mr Swan) adjourned.