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.