CTHIn ForceAct
Bankruptcy Act 1966
139FCourt to take account of interests of other persons
Start here
Get a plain-English read of 139F
Turn the raw legal text into a practical explanation grounded in Bankruptcy Act 1966.
139F Court to take account of interests of other persons
(1) In considering whether or not to make under section 139D or 139DA a particular order relating to property in which the respondent entity has an estate, the Court shall take account of:
(a) the nature and extent of any estate that any other person or entity has in the property and any hardship that the order might cause that other person or entity; and
(b) the respondent entity’s current net worth and any hardship the order might cause the respondent entity’s creditors.
(2) In considering whether or not to make a particular order under section 139E or 139EA, the Court shall take account of the respondent entity’s current net worth and any hardship the order might cause the entity’s creditors.