Section 139ZIA — Bankruptcy Act 1966 (Cth)

Objects

The objects of this Subdivision are:

(a) to improve the likelihood that a bankrupt will have sufficient money to pay contributions or instalments of contributions; and

(b) to ensure that all monetary income received by the bankrupt is deposited to a single account (the supervised account); and

(c) to enable the trustee to supervise withdrawals from the account.

Sourced from the Federal Register of Legislation at 26 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 139ZG — Payment of contribution
s 139ZH — If excess contribution paid
s 139ZI — Notice of determinations
s 139ZIB — Definitions
s 139ZIC — Trustee may determine that the supervised account regime applies to the bankrupt
s 139ZID — Revocation of determination

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