Ongoing obligations and standards (RDAA)
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Registered debt agreement administrators
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.
- Referring offences IGPS 14
- Issuing of infringement notices by the Inspector-General in Bankruptcy IGPS 18
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)
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
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.