Section 185QA — Bankruptcy Act 1966 (Cth)

(1) If:

(a) the administrator of a debt agreement notifies the Official Receiver that a designated 6‑month arrears default by the debtor has occurred; and

(b) the Official Receiver is satisfied that the designated 6‑month arrears default has occurred;

the Official Receiver must:

(c) declare in writing that the agreement is terminated; and

(d) record the declaration on the National Personal Insolvency Index.

(2) The debt agreement is terminated when the declaration is recorded on the National Personal Insolvency Index.

Related sections

• s 185PC — Acceptance of a proposal to terminate a debt agreement
• s 185PD — Withdrawal of proposal to terminate a debt agreement
• s 185Q — Terminating a debt agreement by order of the Court
• s 185R — Terminating a debt agreement by the bankruptcy of the debtor
• s 185S — Validity of things done under a debt agreement that was terminated
• s 185T — Applying for an order declaring a debt agreement void

Research how courts apply s 185QA

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