On 23/05/2013,
you requested for the version in force on 23/05/2013
incorporating all amendments published on or before 23/05/2013.
The closest version currently available is that of 01/03/2012.
56B.
—(1) Upon the court adjourning a bankruptcy application made against a debtor and referring the matter to the Official Assignee under section 65(7) or 67(3), the Official Assignee shall take such steps as are necessary to —
(a)
review the suitability of the debtor for a debt repayment scheme; and
(b)
where the debtor is suitable, implement the debt repayment scheme in accordance with this Part.
[6/2009]
(2) The Official Assignee shall report to the court of the debtor’s unsuitability for a debt repayment scheme if —
(a)
the aggregate of the debtor’s debts exceeds $100,000 or such other amount as the Minister may, by order published in the Gazette, specify;
(b)
the debtor does not meet any of the qualifying criteria specified in paragraph (b), (c), (d) or (e) of section 65(7) or 67(3), as the case may be;
(c)
the debtor, knowing or believing that a false or an inaccurate debt has been claimed by any person against him under this Division, fails to inform the Official Assignee;
(d)
(e)
the Official Assignee is satisfied that the debtor is not suitable for a debt repayment scheme for any other reason.
[6/2009]
(3) Subsection (2) shall cease to apply upon the commencement of a debt repayment scheme in respect of the debtor under section 56E(1).
[6/2009]