Application of Act
(1) This Act extends to debtors being persons who are not Australian citizens and persons who have privilege of Parliament. (1A) This Act applies to debtors whether or not they have attained the age of 18 years. (2) A sequestration order shall not be made against, nor a debtor’s petition presented by: (a) a corporation; or (b) a partnership or association registered under a law of the Commonwealth, of a State or of a Territory, that provides for the winding up of a partnership or association registered under that law. (3) This Act applies, with any modifications prescribed by the regulations, in relation to limited partnerships as if they were ordinary partnerships and, upon all the general partners of a limited partnership becoming bankrupt, the assets of the limited partnership shall vest in the trustee.
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