Commonwealth Consolidated Acts

BANKRUPTCY ACT 1966 - SECT 54B

    A debtor is not entitled to present a declaration under section   54A:

  (a)   when the debtor is not entitled, except with the leave of the Court, to present a petition under section   55;

  (b)   after a creditor's petition presented against the debtor is served on the debtor and before:

  (i)   a sequestration order is made on the petition;

  (ii)   the petition is withdrawn or dismissed; or

  (iii)   the petition lapses under subsection   52(4);

  (c)   after a debtor's petition is presented against the debtor and before the petition is accepted or rejected;

  (d)   while the debtor's property is subject to control under Division   2 of Part   X;

  (e)   within 6 months after the debtor signs an authority under section   188; or

  (f)   within 12 months after a declaration presented by the debtor under section   54A is accepted under section   54C.