Australian Financial Security Authority

Regulator function

AFSA is an executive agency in the Attorney-General’s portfolio which manages the application of personal insolvency and personal property securities laws. AFSA administers bankruptcies and other personal insolvency arrangements, regulates bankruptcy trustees and debt agreement administrators, and maintains the Personal Property Securities Register.  AFSA also has functions under the Proceeds of Crime Act 2002.

Legislation

  • Personal Property Securities Act 2009
  • Personal Property Securities Regulations 2010
  • Bankruptcy Act 1966
  • Bankruptcy (Estate Charges) Act 1997
  • Bankruptcy Regulations 2021

Regulated community

Personal insolvency practitioners, debtors and creditors in the personal insolvency system. Users of the Personal Property Securities Register

Portfolio

Attorney-General's

Internal to department / external entity

External

Ministerial Statement of Expectations date

9 March 2023

Regulator Statement of Intent date

March 2023