Document ID: chunk:federal_register_of_legislation:C2005C00495:clause:1_191d
Version: federal_register_of_legislation:C2005C00495
Segment Type: clause
Provision Reference: sch 1 cl 191D
Character Range: 72970–73477

191D  Subsection 206B(4)
Repeal the subsection, substitute:

 (4) A person is disqualified from managing corporations if:
 (a) the person has executed a personal insolvency agreement under:
 (i) Part X of the Bankruptcy Act 1966; or
 (ii) a similar law of an external Territory or a foreign country; and
 (b) the terms of the agreement have not been fully complied with.

Note: The heading to subsection 206B(3) is replaced by the heading "Bankruptcy or personal insolvency agreement".

Customs Act 1901