What does Australian Financial Security Authority do?
We manage the application of bankruptcy and personal property securities laws through the delivery of high quality personal insolvency and trustee, regulation and enforcement, and personal property securities services.
How do I contact AFSA?
Send by email If you are unable to submit your document online you can email us at [email protected]
Who is the Official Receiver in Australia?
David Bergman
Statutory appointments made outside the Public Service Act 1999
| Position | Office holder |
|---|---|
| Official Receiver | David Bergman |
| Official Receiver | Sharyn Faulkner |
| Acting Registrar of Personal Property Securities | Gavin McCosker |
| Deputy Registrars of Personal Property Securities | Peter Edwards |
What are the benefits of AFCA membership?
What are the benefits of an AFCA Membership?
- Access to the AFCA’s Digital Library, featuring thousands of football-related articles and videos.
- Able to attend annual convention (after purchase of convention registration)
- Receive our bi-monthly magazine and weekly e-blast with articles and links.
What is the official trustee?
The Official Trustee in Bankruptcy, a body corporate created under the Bankruptcy Act, administers bankruptcies and other personal insolvency arrangements when a private trustee or other administrator is not appointed.
What is the role of an Official Receiver?
An Official Receiver is employed by the Insolvency Service and is a civil servant of the court to act in cases of compulsory liquidation and bankruptcy. The Official Receiver (OR) plays a key role in compulsory liquidations, where a creditor obtains a winding up order from the court.
How much does AFCA membership cost?
The amount paid by each member varies based on any change in their size relative to other members. The minimum levy is increasing from $360 to $370. Credit Representative membership levy Increase from $60 to $65 per annum.
Is AFCA membership compulsory?
All Australian financial services licensees, Australian credit licensees, authorised credit representatives and superannuation trustees are required to be a member of the Australian Financial Complaints Authority (AFCA) under their financial services licence conditions, in accordance with ASIC Regulatory Guide RG 165.
What powers does the official receiver have?
The official receiver’s primary function is to administer and investigate the affairs of companies and partnerships wound up by the court and of bankrupts.
Who is required to be a member of AFCA?
Does AFCA membership include GST?
All financial firms joining AFCA will need to pay a membership fee for their 2018–19 membership. The CIO annual membership fee for a credit representative is $145 (inclusive of GST), while the cost for a credit representative under AFCA is $55.
