Glossary

List of glossary items

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  • Land, including vacant land, or land together with such things that are by law considered to be part of the land, e.g. buildings, houses, fences.

  • Land and interests in land, including vacant land, or land together with such things that are by law considered to be part of the land, e.g. buildings, houses, fences.

  • An incoming receipt in a personal insolvency. This could be from the sale of an asset, the recovery of income contributions, a debtor paying instalments from income, a receipt in relation to an Official Receiver notice, the Australian Taxation Office paying a tax return to the trustee, settling litigation etc.

  • A levy on the money received by bankruptcy, composition, debt agreement, and personal insolvency agreement and deceased estate administration practitioners.

  • A referral made by a practitioner—to AFSA’s independent Enforcement and Practitioner Supervision division—when they consider there is evidence that satisfies the relevant standard of proof of an offence under the Bankruptcy Act 1966. Members of the public can also submit referrals when they have evidence of an offence under the Bankruptcy Act 1966 or a contravention of the Personal Property Securities Act 2009. The offence referral must contain all of the information and evidence about the alleged offence.

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