Summary
Amends the:
Bankruptcy (Estate Charges) Act 1997
to close a loophole by imposing the realisations charge and the interest charge on amounts received by all persons (not only trustees) who are controlling trustees; and
Bankruptcy (Estate Charges) Amendment Act 2001
to provide for commencement of the Act (as the existing commencement provision is tied to commencement of the Bankruptcy Legislation Amendment Bill 2001 which lapsed last Parliament). Also contains application provisions.