Western Australian Numbered Acts Western Australian Numbered Acts After section 13C
insert:
13D. Meaning of “bankrupt” and related
expression
(1) A reference in a
written law to a person being a bankrupt means that the person is a bankrupt
as defined in the Bankruptcy Act 1966 (Commonwealth) or has a
substantially similar status under a law applicable in a place where that Act
does not apply.
(2) A reference in a
written law to a person being a bankrupt or a person whose affairs are under
insolvency laws means that —
(a) the
person is a bankrupt as described in subsection (1); or
(b) the
person is a party, as a debtor, to a debt agreement under the
Bankruptcy Act 1966 (Commonwealth); or
(c) the
person has, as a debtor, entered into a personal insolvency agreement under
Part X of the Bankruptcy Act 1966 (Commonwealth) and obligations
created by the agreement remain to be discharged; or
(d) the
person has not yet entered a personal insolvency agreement under Part X
of the Bankruptcy Act 1966 (Commonwealth) but has authorised a
controlling trustee to perform functions under that Part,
or that the person has
a substantially similar status under a law applicable in a place where the
Bankruptcy Act 1966 (Commonwealth) does not apply.