{"id":"F2006L02008","name":"Bankruptcy (Estate Charges) (Amount of Charge Payable) Determination 2006","slug":"bankruptcy-estate-charges-amount-of-charge-payable-determination-2006","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":117380,"registerId":"commonwealth-F2006L02008-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Bankruptcy (Estate Charges) (Amount of Charge Payable) Determination 2006","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\ntitle: Bankruptcy (Estate Charges) (Amount of Charge Payable) Determination 2006\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![](image.001.png)\n\nBankruptcy (Estate Charges) (Amount of Charge Payable) Determination 2006\n\nBankruptcy (Estate Charges) Act 1997\n\nI, PHILIP MAXWELL RUDDOCK, Attorney‑General, make this Determination under subsection 7 (2) of the Bankruptcy (Estate Charges) Act 1997.\n\nDated 26 June 2006\n\nPHILLIP RUDDOCK\n\nAttorney‑General\n\n \n\n \n\n1 Name of Determination\n\n  This Determination is the Bankruptcy (Estate Charges) (Amount of Charge Payable) Determination 2006.\n\n2 Commencement\n\n  This Determination commences on 1 July 2006.\n\n3 Definition\n\n  In this Determination:\n\nAct means the Bankruptcy (Estate Charges) Act 1997.\n\n4 Amount of charge payable\n\n  For subsection 7 (1) of the Act, the determined percentage is 6%.\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1245},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This Determination operates precisely within the narrow scope authorized by section 7(2) of the Bankruptcy (Estate Charges) Act 1997, which empowers the Attorney-General to set the percentage rate for estate charges. It has not expanded beyond this specific monetary-setting function."},"complexity_factors":["Only 4 sections in total","Single definition ('Act') referring to the parent Act","No conditional logic, exceptions, or triggers","No cross-references beyond the enabling subsection","Single operative provision setting a fixed numerical percentage"],"plain_english_summary":"**What it does:** This Determination sets the rate of the estate charge that trustees in bankruptcy must pay to the Commonwealth. It fixes the charge at **6%** of the money received or held for a bankrupt estate.\n\n**Who it affects:**\n- **Trustees in bankruptcy** (the people or companies managing bankrupt estates) who must pay this charge to the government\n- **Creditors** of bankrupt individuals, because this charge is deducted from the estate before they get paid\n- **Bankrupt individuals**, indirectly, as it reduces the funds available to settle their debts\n\n**Why it matters:** When someone becomes bankrupt, their assets are controlled by a trustee. The trustee must pay a percentage of all money coming into the estate to the Commonwealth as an administrative charge. This instrument sets that cut at 6 cents for every dollar, directly impacting how much money ultimately flows back to creditors."}},"importantCases":[],"_links":{"self":"/api/acts/bankruptcy-estate-charges-amount-of-charge-payable-determination-2006","history":"/api/acts/bankruptcy-estate-charges-amount-of-charge-payable-determination-2006/history","analysis":"/api/acts/bankruptcy-estate-charges-amount-of-charge-payable-determination-2006/analysis","conflicts":"/api/acts/bankruptcy-estate-charges-amount-of-charge-payable-determination-2006/conflicts","importantCases":"/api/acts/bankruptcy-estate-charges-amount-of-charge-payable-determination-2006/important-cases","documents":"/api/acts/bankruptcy-estate-charges-amount-of-charge-payable-determination-2006/documents"}}