Skip to content
Contents

Part 17 · Administration in Bankruptcy

333. Bankrupt to submit accounts

Feedback & support
Amended

Last amended by an amending law of 2023.

(1)

A bankrupt who has not obtained a discharge must, when directed by the Official Assignee, submit to the Official Assignee —

(a)

an account of all moneys and property that have come to the bankrupt’s hands for the bankrupt’s own use during such period as the Official Assignee may specify, including a statement of specified particulars of the bankrupt’s current employment status and employment history if the Official Assignee so directs; and

(b)

an account of the moneys and property that have been expended in the expenses necessary for the maintenance of the bankrupt and the bankrupt’s family during the same period.

(2)

A bankrupt who fails to comply with subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both and, in the case of a continuing offence, to a further fine not exceeding $200 for every day or part of a day during which the offence continues after conviction.

Report

Part 18

Annulment and Discharge

Part 19

Duties, Disqualification and Disabilities of Bankrupt

Part 20

Bankruptcy Offences

Part 21

Bankruptcy Miscellaneous Provisions

Part 22

Provisions Against Debt Avoidance and Limitation on Certain Contractual Rights

Part 23

Miscellaneous and General Provisions

Part 24

Consequential and Related Amendments to Other Acts

Part 25

Saving and Transitional Provisions

Schedules