Australian Financial Security Authority
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The Australian Financial Security Authority (AFSA) is an
Australian Australian(s) may refer to: Australia * Australia, a country * Australians, citizens of the Commonwealth of Australia ** European Australians ** Anglo-Celtic Australians, Australians descended principally from British colonists ** Aboriginal A ...
executive agency An executive agency is a part of a government department that is treated as managerially and budgetarily separate, to carry out some part of the executive functions of the United Kingdom government, Scottish Government, Welsh Government or Nort ...
part of the portfolio of the
Attorney-General In most common law jurisdictions, the attorney general or attorney-general (sometimes abbreviated AG or Atty.-Gen) is the main legal advisor to the government. The plural is attorneys general. In some jurisdictions, attorneys general also have exec ...
that primarily exists to handle
bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor ...
applications. The agency was formed in 1999 with the passing of the ''Public Service Act 1999,'' succeeding "Insolvency & Trustee Service Australia".{{Cite web, url=https://sacommunity.org/org/203122-Australian_Financial_Security_Authority, title=Australian Financial Security Authority (AFSA) {{! SAcommunity - Connecting Up Australia, website=sacommunity.org, access-date=2020-03-08


References

1999 establishments in Australia Government agencies established in 1999 Commonwealth Government agencies of Australia Finance in Australia Bankruptcy