Senate debates Bankruptcy Legislation Amendment Bill 2009

In Committee


Bill—by leave—taken as a whole.

Julian McGauran

Julian McGauran Victoria, National Party

10:15 am

by leave—I move government amendments (1) to (4) and (6) and (7) on sheet BM364 together:

(1)    Schedule 4, item 1, page 26 (line 6), omit “$10,000”, substitute “$5,000”.

(2)    Schedule 4, item 2, page 26 (line 8), omit “$10,000”, substitute “$5,000”.

(3)    Schedule 4, item 3, page 26 (line 10), omit “$10,000”, substitute “$5,000”.

(4)    Schedule 4, item 5, page 27 (line 6), omit “28”, substitute “21”.

(6)    Schedule 4, item 13, page 28 (line 2), omit “(1)”.

(7)    Schedule 4, item 13, page 28 (lines 5 and 6), omit subitem (2).

The question is that those amendments be agreed to.

Question agreed to.

Ursula Stephens

Ursula Stephens NSW, Australian Labor Party, Parliamentary Secretary for Social Inclusion and the Voluntary Sector

I move government amendment (5) on sheet BM364:

(5)    Schedule 4, item 11, page 27 (lines 24 and 25), to be opposed.

It indicates that the government is not pursuing the amendment made by item 11 of schedule 4, which would have increased the income, asset and debt thresholds for entering into debt agreements, to make debt agreements more widely available.

Julian McGauran

Julian McGauran Victoria, National Party

The question is that schedule 4, item 11, page 27, lines 24 and 25, stand as printed.

Question agreed to.

The Temporary Chairman:

The question now is that the bill as amended be agreed to.

Question agreed to.

Bill reported with amendments; report adopted.