CTHIn ForceAct
Bankruptcy Act 1966
56EEffects of acceptance of a debtor’s petition against a partnership
Start here
Get a plain-English read of 56E
Turn the raw legal text into a practical explanation grounded in Bankruptcy Act 1966.
56E Effects of acceptance of a debtor’s petition against a partnership
(1) When the Official Receiver notes the fact of acceptance on a petition that has not been amended under a direction of the Court, each member of the partnership becomes a bankrupt by force of this section.
(2) When the Official Receiver notes the fact of acceptance on a petition that has been amended under a direction of the Court, each member of the partnership to whom the petition applies becomes a bankrupt by force of this section.
(3) A person who becomes a bankrupt by force of this section continues to be a bankrupt until:
(4) If a registered trustee is the trustee of the estate of a person who becomes a bankrupt under this section, the Official Receiver must:
(b) give the trustee a copy of each statement of affairs that accompanied the debtor’s petition.