Glossary

List of glossary items

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  • An Act relating to the review on questions of law of certain administrative decisions.

  • The provisions contained in a range of legislation giving entitlement to seek review of a decision made by a government department or agency.

  • Publication of a notice on the AFSA website or in a newspaper via the method approved by the Inspector-General advising a meeting of creditors.

  • Property acquired by a bankrupt after the date of bankruptcy and before discharge.

  • A collateral class registrable on the Personal Property Securities Register (PPSR).

    It includes all personal property over which the grantor has an interest both at the time a registration is made and after.

    This is sometimes abbreviated to ‘AllPAAP’.

  • A collateral class registerable on the Personal Property Securities Register (PPSR).

    It includes all present and after-acquired property, except for any personal property of the grantor stated in the registration as being exempt.

    This is sometimes abbreviated to ‘AllPAAP except’.

  • A complete referral made by a practitioner—to AFSA’s independent Regulation and Enforcement 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.

  • A person or entity who/that is alleged to have committed a criminal offence/s.

  • Used to collect information on the operation of the Bankruptcy Act 1966 from debt agreement administrators, controlling trustees and registered trustees. Section 70-5 of Schedule 2 of the Insolvency Practice Schedule (Bankruptcy) and section 185LEA of the Bankruptcy Act empowers the Inspector-General in Bankruptcy to obtain this information.

  • A document prepared by a Commonwealth entity's accountable authority after the end of a financial year that acquits actual performance against the planned performance for that year described in the entity's corporate plan. Annual performance statements are included in an entity's annual report.

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