ITSA
- ITSA's 1st Release of Online Services - Sydney info session 16 July
ITSA, through its Information & Registry business line, is holding information sessions during July on its 1st Release of Online Services. This release will enable bankruptcy trustees to perform certain functions online. A list of functions ITSA is rolling out is available on the ITSA website - www.itsa.gov.au at Trustees>Online Services or go to this... Read More »
- Newsletters
The Bankruptcy Regulator is the newsletter of the Bankruptcy Regulation Branch of ITSA. It is disseminated quarterly to Registered Trustees. Click here to view the latest and past newsletters . Read More »
- Bankruptcy Act Amendments
Superannuation and Bankruptcy The Bankruptcy Legislation Amendment (Superannuation Contributions) Act 2007 obtained Royal Assent on 15 April 2007. This Act amends the Bankruptcy Act 1966 to allow bankruptcy trustees to recover superannuation contributions made prior to bankruptcy with the intention to defeat creditors. These amendments will address problems highlighted following the High Court's decision... Read More »
- Bankruptcy Legislation Changes
The Bankruptcy Legislation Amendment (Debt Agreement) Bill 2007 and Bankruptcy (Estate Charges) Amendment Bill 2007 were introduced into Parliament today. Further information about the amendments (including the Bills and accompanying Explanatory Memoranda) is available on the ITSA website ( www.itsa.gov.au ). Changes since the July announcement There have been some important changes to the... Read More »
- 7th ITSA Bankruptcy Congress
Register Now! 7th ITSA Bankruptcy Congress - Unravelling the Complexities The 7 th ITSA Bankruptcy Congress will be held on 30 and 31 October 2008 at the Four Seasons Hotel, The Rocks, Sydney. The Congress will be opened by the Attorney-General, the Hon Robert McClelland MP, and will feature over... Read More »
- Superannuation Bill - protection from Bankruptcy
The Government has today introduced a Bill which will make consequential amendments to a range of legislation necessary as a result of its Simpler Superannuation legislation. This includes amendments to section 116 of the Bankruptcy Act which currently provides that a bankrupt's interest in a regulated superannuation fund is not divisible among creditors to the extent to which the... Read More »
- Official Receiver Best Practice Statement - for comment
The Insolvency Trustee Service Australia (ITSA) has released a draft Official Receiver’s Best Practice Statement on Bankruptcy Notices . This is available from Our Practices & Policies page on ITSA’s website at the link above. The Bankruptcy Notice Practice Statement is one of a series of statements that the Official Receiver is publishing. Its objective... Read More »
- ITSA releases provisional bankruptcy statistics
On 6 July 2007 ITSA released its June quarter provisional bankruptcy statistics. Follow the link to read their latest media release. Read More »