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In forceAmended2009 Revised Edition

56L. Certificate of inapplicability of debt repayment scheme

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Amended

Last amended by an amending law of 2009.

The Official Assignee shall issue a certificate of inapplicability of a debt repayment scheme in respect of a debtor if —

(a)

the aggregate of the debts referred to in section 56G(1)(a) and proved under the scheme exceeds, at any time, $100,000 or such other amount as may be specified by the Minister under section 56B(2)(a); or

(b)

the aggregate of the debts referred to in section 56G(1)(b) and (c) and proved under the scheme exceeds, at any time, $50,000 or such other amount as the Minister may, by order published in the Gazette, specify.

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