Part IX debt agreement reforms also off to a Senate Committee
In ‘A one year bankruptcy or a 3 year debt agreement … what’s the catch?’ I foreshadowed reforms to Part IX debt agreements under the Bankruptcy Act, to supplement those reforms introducing a one year bankruptcy in the Bankruptcy Amendment (Enterprise Incentives) Bill 2017. Just as that Bill has been referred to the Senate Constitutional […]
Legislative drafting – 2017 reliance on a 1901 precedent
Modern Commonwealth laws still rely on 1901 drafting precedents despite changes in the law over the last 116 years. As we all know, precedents are useful, but they must be used with care. The Audit Act 1901 was one the first Acts of the new parliament of the Commonwealth of Australia. At that time, Australia […]