13DBankrupt and related expressions, references to

##### 13D. Bankrupt and related expressions, references to (1) A reference in a written law to a person being a bankrupt means that the person is a bankrupt as defined in the *Bankruptcy Act 1966* (Commonwealth) or has a substantially similar status under a law applicable in a place where that Act does not apply. (2) A reference in a written law to a person being a bankrupt or a person whose affairs are under insolvency laws means that — (a) the person is a bankrupt as described in subsection (1); or (b) the person is a party, as a debtor, to a debt agreement under the *Bankruptcy Act 1966* (Commonwealth); or (c) the person has, as a debtor, entered into a personal insolvency agreement under Part X of the *Bankruptcy Act 1966* (Commonwealth) and obligations created by the agreement remain to be discharged; or (d) the person has not yet entered a personal insolvency agreement under Part X of the *Bankruptcy Act 1966* (Commonwealth) but has authorised a controlling trustee to perform functions under that Part, or that the person has a substantially similar status under a law applicable in a place where the *Bankruptcy Act 1966* (Commonwealth) does not apply. [Section 13D inserted: No. 18 of 2009 s. 5.]