Section 57A — Bankruptcy Act 1966 (Cth)

Time at which person becomes bankrupt on debtor’s petition

Where, after the commencement of this section, a person becomes a bankrupt by virtue of the presentation of a debtor’s petition, the person shall, for the purposes of this Act, be deemed to become a bankrupt at the first instant of the day on which the petition is accepted by the Official Receiver.

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 56F — Extra duties of non‑petitioning partners who become bankrupts
s 56G — Inspection of statements of affairs of partners and partnerships
s 57 — Debtor’s petition by joint debtors who are not partners
s 57B — Acceptance of statements of affairs by Official Receiver
s 58 — Vesting of property upon bankruptcy—general rule
s 58A — Vesting of property upon bankruptcy—effect of orders in force under the proceeds of crime law

Research how courts apply s 57A

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

Try BriefBridge free