Section 54L — Bankruptcy Act 1966 (Cth)

Secured creditor’s rights under security not affected

Nothing in this Division affects the right of a secured creditor to realise or otherwise deal with the creditor’s security.

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 54H — Duties of person entitled to deduct money owing to declared debtor
s 54J — Extension of time where this Division prevents the doing of an act
s 54K — Section 33 not to apply to this Division
s 55 — Debtor’s petition
s 56A — Persons who may present a debtor’s petition against a partnership
s 56B — Presentation of a debtor’s petition against a partnership

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