Education Service Incentive Payment Act 2001 s 7

s 7 Contributions excluded from bankrupt member’s property

7.—(1) No contribution by the Government made under the CONNECT Plan and no interest on the contribution (if any) is to be subject to the debts of any member of the CONNECT Plan. (2) No contribution and interest mentioned in subsection (1) is to pass to the Official Assignee on the bankruptcy of a member, and if the member is adjudicated a bankrupt, such contribution and interest (if any) are deemed excluded from the property of the bankrupt for the purposes of the Insolvency, Restructuring and Dissolution Act 2018.[40/2018]