Section 139X — Bankruptcy Act 1966 (Cth)

(1) In making an assessment of the income that is likely to be derived, or was derived, by a bankrupt during a contribution assessment period the trustee may have regard to any information provided by the bankrupt or any other information in the trustee’s possession.

(2) If the trustee considers that any information provided by the bankrupt is or may be incorrect, the trustee may disregard that information and may make an assessment on the basis of what the trustee considers to be the correct information.

Related sections

• s 139V — Power of trustee to require bankrupt to provide additional evidence
• s 139W — Assessment of bankrupt’s income and contribution
• s 139WA — No time limit on making assessment
• s 139Y — Trustee may regard bankrupt as receiving reasonable remuneration
• s 139Z — If bankrupt claims not to be in receipt of income
• s 139ZA — Internal review of assessment

Research how courts apply s 139X

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