16 April 2018
© Commonwealth of Australia 2018 ISBN 978-1-76010-735-2
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Conduct of the inquiry Bankruptcy verses debt agreements Purpose of the bills Key provisions of the bills Reports of other committees Report outline References to the Hansard transcript Acknowledgements
Will the bill succeed in fostering entrepreneurship and reducing stigma? Reduction of the default period Lack of anti-abuse provisions Income contribution obligations Impact on debt agreement regime and other alternatives under the Act Inconsistency with other laws requiring financial reporting Other issues
Debt agreement administrators Three year limit Payment to income ratio Doubling of asset threshold Restriction on voting Increase to the number of bankruptcies
BAEI bill BADAR Bill
Julie Dennett Committee Secretary Senate Standing Committees on Legal and Constitutional Affairs PO Box 6100 Parliament House Canberra ACT 2600 Australia Phone: +61 2 6277 3560 Fax: +61 2 6277 5794 Email: legcon.sen@aph.gov.au
Julie Dennett Committee Secretary Senate Standing Committees on Legal and Constitutional Affairs PO Box 6100 Parliament House Canberra ACT 2600 Australia
Committee SecretarySenate Legal and Constitutional Affairs CommitteePO Box 6100Parliament HouseCanberra ACT 2600 Phone: +61 2 6277 3560legcon.sen@aph.gov.au
The bill would amend the Bankruptcy Act 1966 to make various provisions for debt agreement administrators, debt agreements, and the powers of the Inspector-General in Bankruptcy with respect to debt agreements and debt agreement administrators.
06 Mar 2018: Melbourne05 Mar 2018: Sydney
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