Bankruptcy Amendment Regulations 2000 (No. 1) (Cth)

Bankruptcy Amendment Regulations 2000 (No. 1)

Statutory Rules 2000 No. 140

I, WILLIAM PATRICK DEANE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under theBankruptcy Act 1966.

Dated 21 June 2000

WILLIAM DEANE

Governor-General

By His Excellency’s Command

amanda vanstone

Minister for Justice and Customs

Bankruptcy Amendment Regulations 2000 (No. 1)1

Statutory Rules 2000 No. 1402

made under the

Bankruptcy Act 1966

   

Contents

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1Name of Regulations

 These Regulations are the Bankruptcy Amendment Regulations 2000 (No. 1).

2Commencement

 These Regulations commence on 1 July 2000.

3Amendment of Bankruptcy Regulations

 Schedule 1 amends the Bankruptcy Regulations.

Schedule 1Amendments

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(regulation 3)

[1]Regulation 1.01

substitute

1.01Name of Regulations

 These Regulations are the Bankruptcy Regulations 1996.

[2]Subregulation 16.07 (9), note

omit

[3]After subregulation 16.07 (9)

insert

• (10)

  The amount of a fee mentioned in subregulation (1), (2), (3), (7) or (8) that would, apart from this provision, be payable, is increased in accordance with the following steps:

Step 1	Work out the amount of the fee in accordance with the options in the applicable subregulation
Step 2	Add an amount equal to 8.4% of the result of Step 1.

 The result is the price of the taxable supply within the meaning of A New Tax System (Goods and Services Tax) Act 1999.

Note   See also regulation 8.12 (prescribed remuneration of the Official Trustee).

[4]After subregulation 16.12 (4)

insert

• (5)

  The amount of a fee mentioned in subregulation (2) that would, apart from this provision, be payable, is increased in accordance with the following steps:

Step 1	Work out the amount of the fee in accordance with the options in the applicable subregulation
Step 2	Add an amount equal to 8.4% of the result of Step 1.

 The result is the price of the taxable supply within the meaning of A New Tax System (Goods and Services Tax) Act 1999.

Notes

1. These Regulations amend Statutory Rules 1996 No. 263, as amended by 1996 No. 278; 1997 Nos. 76 and 325.

2. Made by the Governor-General on 21 June 2000, and notified in the Commonwealth of Australia Gazette on 28 June 2000.