See bankruptcy.
Glossary
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See debt agreement.
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See deceased estate.
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An individual or an organisation.
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Under proceeds of crime legislation, if certain offences have been committed, pecuniary penalty orders can be made, ordering payments to the Commonwealth of amounts based on the benefits that a person has derived from such an offence and the benefits that the person has derived from other unlawful activity.
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Data sought and generated by AFSA to determine the efficiency and effectiveness of activities in the achievement of AFSA's purpose(s). Performance information supports stories that describe how public resources are used to deliver on AFSA's purposes.
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Mechanisms used by AFSA to generate performance information relating to the efficiency and effectiveness of activities in pursuing AFSA's purpose(s). These measures are reported against in annual performance statements.
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A term that covers debt agreements, personal insolvency agreements, debtors' petition bankruptcies, sequestration order bankruptcies and deceased estate administrations.
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A formal arrangement under Part X of the Bankruptcy Act 1966 that results from creditors accepting a debtor's proposal to settle his or her debts. Unlike debt agreements, personal insolvency agreements are not subject to income, asset or debt thresholds.