New South Wales Consolidated Acts

LOCAL GOVERNMENT ACT 1993 - SECT 341

341 Duty to report bankruptcy

(1) If a person who is a senior staff member becomes bankrupt or makes a composition, arrangement or assignment for the benefit of the person's creditors, the person must--

(a) immediately give notice of the bankruptcy, composition, arrangement or assignment to the general manager, and

(b) provide the general manager, within the time specified by the general manager, with any further information concerning the cause of the bankruptcy or of the making of the composition, arrangement or assignment required by the general manager.

(2) If the person is the general manager, subsection (1) applies as if references to the general manager were references to the council.