The department also manages the National Personal Insolvency Index and handles pre-bankruptcy, most post-bankruptcy applications and general information. In addition, it ensures that proposals for debt agreements comply with the law and leads the process of consultation with creditors with regard to debt agreements. Freedom of information Companies subject to the Freedom of Information Act 1982 are required to publish information to the public as part of the information disclosure system. This requirement is set out in Part II of the Act and replaced the previous requirement to publish a statement in accordance with Division 8 of the Annual Report. Each agency must post on its website a plan indicating the information it publishes in accordance with the requirements. You will find our plan under www.afsa.gov.au/about-us/ corporate information system and information publication. The Insolvency and Trust Services Division informs debtors of options for dealing with inexhaustible debts and assesses and registers applications for insolvency, debt contracts and private insolvency of debtors and registered court administrations. It issues notices of bankruptcy concerning the application of creditors and exercises the legal powers of the official receiver to obtain information and claim funds at the request of agents who manage insolvent remittances. AFSA currently has 5 agreements (compared to 6 in 2016) for the rental of premises that have provisions obliging the company to return the premises to their original state when concluding the lease.
AfSA has made arrangements to reflect the present value of the “post-fabrication” obligations. Values, Code of Conduct and Ethical Behaviour Our corporate plan, customer charter and corporate agreement play a key role in strengthening the obligation for employees to respect the GSP values and comply with the GSP Code of Conduct. Values and the code of conduct are integrated into our competency framework and integrated into staff and competency practices in the areas of recruitment, selection, onboarding, learning and performance. We have made it easier for debt agreement managers to file and pay a debt agreement online and creditors to complete and submit a pre-filled claims and voting form from a voting task list where a proposal is being voted on. D Data analysis, 3 complaints from receivers, 26 documentation (the cost cover statement) for insolvency activities, is available under www.afsa.gov.au/about-us/financial-information/cost-recovery-implementation-statement bankrupt Inspector General – Our Chief Executive is also appointed Inspector General in Bankruptcy. The Inspector General is responsible for the general management of the Bankruptcy Act and has the power to regulate liquidators and debt managers, review the decisions of agents and investigate allegations of offences under the Bankruptcy Act. This report is available in www.afsa.gov.au/about-us/corporate-information/annual-reports. â¢ The ICT Services Division provides and supports business-oriented technology solutions and services for employees and customers. Insolvency services, proceeds of crime and PPSR systems include our core technology solutions, as well as a range of business applications, a business intelligence capability and support services for client services and regulation and enforcement. Other tasks in the department include providing and managing robust infrastructure platforms, providing support services and strategic technical advice, and providing an enterprise architecture. Managing AFSA`s ownership and security is another responsibility of ICT services. We have implemented the dividends, expenses and payments module – upgrades to our systems that enable the electronic payment of dividends to creditors in masses of bankruptcy, debt agreements and private insolvency contracts.
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