Document ID: chunk:federal_register_of_legislation:C2025C00167:section:185qa
Version: federal_register_of_legislation:C2025C00167
Segment Type: section
Provision Reference: s 185QA
Character Range: 610674–611276

185QA  Terminating a debt agreement—designated 6‑month arrears default
 (1) If:
 (a) the administrator of a debt agreement notifies the Official Receiver that a designated 6‑month arrears default by the debtor has occurred; and
 (b) the Official Receiver is satisfied that the designated 6‑month arrears default has occurred;
the Official Receiver must:
 (c) declare in writing that the agreement is terminated; and
 (d) record the declaration on the National Personal Insolvency Index.
 (2) The debt agreement is terminated when the declaration is recorded on the National Personal Insolvency Index.