Document ID: chunk:federal_register_of_legislation:F2024C01292:reg:55
Version: federal_register_of_legislation:F2024C01292
Segment Type: reg
Provision Reference: reg 55
Character Range: 72211–73356

55  Presentation of debt agreement proposal
 (1) This section applies if a debtor intends to give the Official Receiver a debt agreement proposal under subsection 185C(1) of the Act and the debtor is:
 (a) unable to read the relevant material, because the debtor:
 (i) is blind or has low vision; or
 (ii) is illiterate or partially literate; or
 (iii) is insufficiently familiar with the English language; or
 (b) unable to sign the debt agreement proposal because of a physical incapacity.
 (2) The debt agreement proposal may be signed on behalf of the debtor by another person, who must also sign a statement:
 (a) if subparagraph (1)(a)(i) or (ii) applies—that the person has read the relevant material to the debtor; or
 (b) if subparagraph (1)(a)(iii) applies—that the person has interpreted the relevant material to the debtor in a language with which the person and the debtor are familiar; or
 (c) if paragraph (1)(b) applies—that the person believes that the debtor has read and understood the relevant material.
 (3) In this section:
relevant material means the debt agreement proposal and the information prescribed by section 54.