Lapsing of a debt agreement proposal
A debt agreement proposal lapses if: (b) the Official Receiver accepts the proposal for processing and writes to affected creditors about it, but no replies are received before the applicable deadline; or (c) the debtor dies after giving the proposal to the Official Receiver but before a debt agreement is made on the basis of the proposal. Note: Section 185H deals with the making of a debt agreement.
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.
BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.
Try BriefBridge free