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Statement of affairs
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35. The Act of 1988 is amended by the insertion of the following section after section 61:
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“61A. (1) A debtor or a bankrupt, when completing a statement of affairs, shall make full and honest disclosure of his or her financial affairs and ensure that, to the best of his or her knowledge, the statement of affairs is true, accurate and complete.
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(2) Unless the Court otherwise directs, a debtor or bankrupt shall not file a statement of affairs with the Court unless the statement of affairs has been stamped, electronically or otherwise, by the Official Assignee.
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(3) The Official Assignee may refuse to stamp a statement of affairs for the purposes of subsection (2) where he or she is not satisfied that the statement of affairs is true, accurate and complete.
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(4) The Official Assignee may carry out such checks or make such enquiries as he or she considers necessary or appropriate to verify the truth, accuracy and completeness of any matter referred to in a statement of affairs.”.
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