Document ID: chunk:federal_register_of_legislation:C2012C00115:clause:1_179h
Version: federal_register_of_legislation:C2012C00115
Segment Type: clause
Provision Reference: sch 1 cl 179H
Character Range: 22614–23353

179H  Effect of property vesting in an insolvency trustee

  In assessing the value of property of a person, property is taken to continue to be the *person's property if it vests in any of the following:
 (a) in relation to a bankruptcy—the trustee of the estate of the bankrupt;
 (b) in relation to a composition or scheme of arrangement under Division 6 of Part IV of the Bankruptcy Act 1966—the trustee of the composition or scheme of arrangement;
 (c) in relation to a personal insolvency agreement under Part X of the Bankruptcy Act 1966—the trustee of the agreement;
 (d) in relation to the estate of a deceased person in respect of which an order has been made under Part XI of the Bankruptcy Act 1966—the trustee of the estate.