Document ID: chunk:federal_register_of_legislation:C2021C00322:section:6a
Version: federal_register_of_legislation:C2021C00322
Segment Type: section
Provision Reference: s 6A
Character Range: 5308–5927

6A  Charge not payable on estate surplus
 (1) If:
 (a) the person receives an amount in respect of a bankrupt's estate; and
 (b) as a result of receiving the amount, the person becomes able to pay off all the bankrupt's debts;
then the following amounts are not taken into account in determining the amount on which charge is payable:
 (c) any excess of the received amount over the amount needed to pay off all the bankrupt's debts;
 (d) any amount later received by the person in respect of the estate.
 (2) In this section:
bankrupt's debts has the same meaning as in subsection 153A(6) of the Bankruptcy Act 1966.