Bankruptcy (Registration Charges) Act 1997

No. 13, 1997

An Act to impose charges in relation to the registration of trustees under the Bankruptcy Act 1966

Contents

1 Short title..................................1

2 Commencement..............................2

3 Interpretation................................2

4 Charge on applying to be registered trustee..............2

5 Charge on registration of trustee.....................2

6 Charge on extension of registration...................2

7 Charge on change of trustee’s conditions................2

Bankruptcy (Registration Charges) Act 1997

No. 13, 1997

An Act to impose charges in relation to the registration of trustees under the Bankruptcy Act 1966

[Assented to 13 March 1997]

The Parliament of Australia enacts:

1  Short title

  This Act may be cited as the Bankruptcy (Registration Charges) Act 1997.

2  Commencement

  This Act commences on the commencement of the Bankruptcy (Estate Charges) Act 1997.

3  Interpretation

  Unless the contrary intention appears, expressions used in this Act have the same meanings as in the Bankruptcy Act 1966.

4  Charge on applying to be registered trustee

 (1) A charge of $1,500 is imposed for making an application to be registered as a trustee under section 154A of the Bankruptcy Act 1966.

 (2) The charge is payable by the applicant to the Commonwealth.

5  Charge on registration of trustee

 (1) A charge of $1,000 is imposed for registering a person as a trustee under section 155C of the Bankruptcy Act 1966.

 (2) The charge is payable by the person to the Commonwealth.

6  Charge on extension of registration

 (1) A charge of $1,000 is imposed for extending the term of a trustee’s registration under section 155D of the Bankruptcy Act 1966.

 (2) The charge is payable by the trustee to the Commonwealth.

7  Charge on change of trustee’s conditions

 (1) A charge of $500 is imposed for making an application under section 155E of the Bankruptcy Act 1966 for conditions applying to a registered trustee to be changed or removed.

 (2) The charge is payable by the trustee to the Commonwealth.

[Minister’s second reading speech made in—

House of Representatives on 9 October 1996

Senate on 9 December 1996]

I HEREBY CERTIFY that the above is a fair print of the Bankruptcy (Registration Charges) Bill 1997 which originated in the House of Representatives as the Bankruptcy (Registration Charges) Bill 1996 and has been finally passed by the Senate and the House of Representatives.

Clerk of the House of Representatives

IN THE NAME OF HER MAJESTY, I assent to this Act.

Governor-General

1997