INFO 14
Bankruptcy and personal insolvency agreements
This is Information Sheet 14 (INFO 14). It provides general information for directors, alternate directors and secretaries about bankruptcy and personal insolvency agreements.
In plain English
INFO 14 explains bankruptcy and personal insolvency agreements for directors, alternate directors, and company secretaries.
INFO 14 provides information for directors, alternate directors, and secretaries. It covers bankruptcy and personal insolvency agreements. This guidance is for general information purposes only. ASIC regularly updates its guidance. Check the ASIC website for the latest version.
Why it matters
Directors need to understand their responsibilities regarding personal insolvency. This information sheet helps them navigate these complex situations and fulfil their duties.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/insolvency/insolvency-for-directors/bankruptcy-and-personal-insolvency-agreements/. Rules Mate indexes + summarises; always verify against the regulator's live publication.