Thursday, 17 December 2015
Bankruptcy (Amendment) Bill 2015: Committee and Remaining Stages
I have a question on the same point. It is my understanding, and perhaps the Minister will put me right on this, that the purpose of the six months was to allow the official assignee to determine whether there was, in fact, any reason the bankruptcy term should be extended, in other words whether there was any hiding of assets or fraud. My understanding of the six-month period is that it will simply be to allow the assignee to determine whether the bankrupt should be discharged.