Registered debt agreement administrators (RDAA)
In this section you will find guidance and direction on meeting your ongoing general and specific obligations as a personal insolvency practitioner within our regulatory framework. This information includes links to relevant pages and more details available in the Inspector-General Practice Statements (IGPS) and Inspector-General Practice Directions (IGPD).
Alleged offences and tip-offs
We expect you to refer alleged offences under the Bankruptcy Act. For debt agreement proposals lodged after 27 June 2019, you have a duty to refer alleged offences under the Bankruptcy Act. Find out how to refer alleged offences to AFSA’s Enforcement team, or make a pre-referral enquiry.
For more details about types of offences and reporting obligations.
Communication
Find out about the Inspector-General in Bankruptcy’s expectations on effective communication with bankrupts, creditors, debtors and other stakeholders
Remuneration, charges and payments
Find out more about a debt agreement administrator's obligations to collect realisation and interest charges on funds received into an estate:
Lodging your annual administration return (AAR)
Specific obligations
These guidance documents will help you ensure compliance with your specific duties under the Bankruptcy Act.
- Debt agreements
- Advertising and promotional activities of personal insolvency practitioners
- What constitutes an expense recoverable in a debt agreement by an administrator?
- Debt agreement administrators' guidelines to certification requirements
- Debt agreement administrators' guidelines relating to keeping proper accounts
- Guidelines relating to administrators' duty to notify the Official Receiver of 6-month arrears default
- Guidelines relating to administrators' duty to notify creditors of 3-month arrears default
- Bankruptcy (Registration and Cancellation of Registration of a Debt Agreement Administrator) Guidelines 2020
Forwarding unclaimed moneys (s254) to AFSA
For more details about making an EFT payment for s254 unclaimed moneys, see claim unclaimed money.
If you have any questions, please contact our Finance team at Accounts.Receivable@afsa.gov.au.
Cancelling your registration
AFSA will take action to cancel the registration of a debt agreement administrator on a voluntary basis or on an involuntary basis if there are sufficient grounds to justify the removal of an administrator from the insolvency profession.