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An Outline of Some Recommendations for the Amendment of the Bankruptcy Act

Published online by Cambridge University Press:  24 January 2025

Thomas Clyne
Thomas Clyne*
Affiliation:
Federal Court of Bankruptcy
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Extract

The Committee appointed to review the bankruptcy law of the Commonwealth has made many proposals for its amendment. The Report containing these proposals has been presented to the Attorney-General of the Commonwealth. In this article some of the more important of these proposals will be examined.

Type
Research Article
Information
Federal Law Review , Volume 1 , Issue 1 , March 1964 , pp. 24 - 46
Copyright
Copyright © 1964 The Australian National University

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References

1 Report of the Committee Appointed by the Attorney-General of the Commonwealth to Review the Bankruptcy Law of the Commonwealth (1962), Serial No. 8440/62; hereinafter cited as ‘ Report ’. In the Third Schedule to the Report is a draft Bill that will give effect to the recommendations of the Committee. The Committee has recommended the enactment of the Bill by the Parliament as soon as practicable: Report, para. 8. In succeeding footnotes, references are given to clauses of the Bill which correspond with the recommendations in the Report.

2 4 &5 Geo. 5, c. 59.

3 16 & 17 Geo. 5, c. 7.

4 34 & 35 Hen. 8, c. 4.

5 13 Eliz., c. 7.

6 Ex parte Bradley (1812) 1 Rose 202.

7 46 & 47 Vict., c. 52.

8 Bankruptcy Rules, rule 8.

9 Federal Commissioner ofTaxation v. Jaques (1956) 95 C.L.R. 223.

10 Report, paras. 27-29; clause 7.

11 S. 12.

12 Report, para. 33 ; clause 18.

13 Ibid.

14 Ibid. paras. 39-41; clause 30 (1)

15 Ibid. paras. 78-79; clause 43 (1)

16 Re Bankruptcy Notice [1907] 1 K.B. 478.

17 Opie v. Opie (1951) 84 C.L.R. 362

18 Report, paras. 54-58; clause 40 (3) (a), (b).

19 Ibid. para. 47; clause 40 (1) (b).

20 32 & 33 Vict., c. 71, s. 74.

21 46 & 47 Vict., c. 52, s. 118. Report, para. 50; clause 29 (2).

22 Report, paras. 59-60; clause 40 (1) (i)-(m).

23 Ibid. paras. 74-77; clause 44.

24 Ibid. para. 89; clause 55.

25 (1954) 90 C.L.R. 353.

26 Ibid. 365.

27 Report, paras. 89-90; clause 55.

28 Smith v. Mills (1584) 2 Co. Rep. 25 (a); 76 B.R. 441.

29 Report, paras. 125-127; clause 109 (1) (f).

30 Ibid. para. 129; clause 109 (1) (g)

31 Ibid. paras. 133-141; clause 109 (1) (i).

32 Ibid. paras. 155-157; clause 116 (2) (d).

33 Ibid. paras. 162-163; clause 116 (2) (b), (c).

34 Ibid. para. 153.

35 (1954) 92 C.L.R. 262.

36 Report, paras. 167-169; clause 118.

37 Ibid. paras. 174-176; clause 122.

38 Ibid. para. 181; clause 122.

39 (1952) 85 C.L.R. 110.

40 Ibid. 129.

41 Ibid. 133.

42 3 & 4 Geo. 5, c. 34.

43 [1937] 4 All E.R. 438, 443.

44 (1888) 58 L.T. 871.

45 [1900] 2 Q.B. 138.

46 [1925] Ch. 148.

47 [1937] 4 All E.R. 438.

48 [1938] 2 All E.R. 127, 139.

49 [1934] All E.R. Rep. 124; (1934) 152 L.T. 201; 51 T.L.R. 24.

50 Report, para. 180.

51 Ibid. para. 182.

52 Bankruptcy Act 1924-1960, s. 211 (a).

53 De Choisy v. Hynes [1937] 4 All E.R. 54.

54 Report, para. 233; clause 149.

55 Ibid.

56 Ibid. para. 235 ; clause 150 (3)-(6).

57 50 & 51 Vict., c. 57.

58 4 & 5 Geo. 5, c. 47.

59 Report, para. 270.

60 Ibid. paras. 291-342; draft Bill, Part X.

61 Ibid. para. 213; clause 134 (1) (a), (2).

62 Ibid. para. 212; clause 134 (1) (b).

63 Ibid. paras. 214-215; clauses 134 (1) (e), (f), (g); 135 (1) (e), (f), (g).

64 Ibid. paras. 258, 260-261; clauses 185, 186 (a), (b).

65 Ibid. para. 262; clause 186 (c), (d).

66 Ibid. para. 375; clause 273.

67 Ibid. paras. 383-385; clause 301.