Section 114C — Bankruptcy Act 1966 (Cth)

If circumstances arise as a result of which:

(a) this Subdivision prevents Subdivision A from being applied to the proceeds of property of a bankrupt; or

(b) this Subdivision no longer prevents Subdivision A from being applied to the proceeds of property of a bankrupt;

the Director of Public Prosecutions (or the Commissioner of the Australian Federal Police, if the Commissioner is the Commonwealth proceeds of crime authority that is the responsible authority for the order under the Proceeds of Crime Act 2002) must, as soon as practicable, give the trustee written notice of the existence of the circumstances.

Related sections

• s 114 — Payment of liabilities etc. incurred under terminated deed etc.
• s 114A — The effect of proceeds of crime orders
• s 114B — The effect of applications for proceeds of crime orders
• s 115 — Commencement of bankruptcy
• s 116 — Property divisible among creditors
• s 117 — Policies of insurance against liabilities to third parties

Research how courts apply s 114C

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.