Australian Malaysian Singaporean Association YyAMSA-MNEWS Majlis Hari Raya Celebration. 8 Merdeka...
Transcript of Australian Malaysian Singaporean Association YyAMSA-MNEWS Majlis Hari Raya Celebration. 8 Merdeka...
-
Australian Malaysian Singaporean Association © 2013
Yy
‘
Editor’s Note Inside This Issue 1 Editor’s Note
2 President’s Review
AMSA’s Activities
3 2013 Annual General Meeting
(AGM)
4 AMSA Family picnic
6 AMSA Sponsor Thank You Lunch
7 AMSA-MNEWS Majlis Hari Raya
Celebration.
8 Merdeka Treasure Hunt
Features
9 Political Representation - Is there
any room for Asian Australians?
11 David
13 Bankruptcy
15 For laughs
Visit us at
www.amsa.com.au
for more information
Australian Malaysian Singaporean Association
Passages
September 2013 Edition
16 September 2013
events as well as explore new ideas to renew interest and allow AMSA to grow in its membership.
As the editor, I truly hope you enjoy reading this edition of Passages, and
invite all members to send through your articles and comments via our
website or by emailing myself at [email protected]. In the President's Review section of this issue of Passages, Present Juliana
Jamal briefly highlights the activities held by AMSA in the past five months. Detailed versions of these reports are included in the AMSA activities section.
President Jamal also shares her ideas of a bright future for AMSA.
In our Features section, I myself have contributed an article on, looking at
the state of political representation of Asian Australians in this year's Federal Election. We have also included various informative legal articles
contributed by our regular contributors Mark Khoo of Salvo's Legal and Jeffrey Lee of Comasters Law Firm. Included in this edition are some jokes
submitted by Past President Elvan Tong for some good laughs.
I wish to thank President Jamal and the Executive Committee for the opportunity to present this edition of Passages, and hope you will enjoy
reading as much as I, the editor do.
Erin Wen Ai Chew
Editor
Greetings from your editorial team! On
behalf of the committee I would like to announce that this is the first edition of
Passages for the 2013/2014 committee,
who were elected at the Annual General Meeting on 20 April, 2013.
Since the Annual General Meeting, the
2013/2014 executive committee have been busy organising AMSA activities
-
Australian Malaysian Singaporean Association © 2013
PAGE 2 PASSAGES SEPTEMBER 2013 EDITION
It has been five months since the last issue of Passages. During that time we
managed to squeeze in four AMSA events, namely the AMSA Family Picnic,
AMSA Hari Raya Celebration, AMSA Sponsor Thank you Lunch and the Merdeka Treasure Hunt. Reports and photos of these were already posted
on our website and Facebook but will appear elsewhere again in this issue.
On 20 April 2013, at the Sydney Mechanic's School of Arts, AMSA's 2013
Annual General Meeting (AGM) was held with members electing the 2013
Executive Committee. In this committee with myself as the incoming AMSA President we also have a lot of new, young talent coming in. This is quite refreshing for AMSA and this will inject new blood and ideas into this great
organisation.
We have also been very fortunate in retaining Past President Elvan Tong as
an Honorary Advisor to AMSA. Elvan has been the critical element in
ensuring that AMSA is what it is today and we are appreciative for his hard work and efforts in growing AMSA. We are also incredibly fortunate that he
continues to contribute his expertise and advice to the 2013 Executive
Committee. On behalf of the 2013 Executive Committee I would like to personally thank Elvan for his efforts and hard work. He has left a great
legacy for the 2013 Executive Committee to carry on.
I would also like to introduce the rest of the 2013 Executive Committee which
include Evelyn Tian, James Chin and Wallace Wang elected as Vice
Presidents, Michelle Wong as our Hon. Secretary, Tracy Tan as the Hon Treasurer, Heng Lee Ming, Edwin Lee, Jaslyn Perlitz, Erin Chew, Daniel Tan,
Vindran Vangadasalam, Zack Tare and Basil Jong all elected as Committee
Members. Together with Elvan Tong, I believe we have the AMSA dream team!
As the incoming President for AMSA, I am completely humbled by the
support of the membership and my Executive Committee. The numbers at all our events so far, as well as the number of corporate sponsors we have
shows the strength and potential of AMSA.
May I conclude by saying, on behalf of the Executive Committee, that it is
an honour and privilege to serve AMSA and we look forward to growing our
membership and inject new ideas and activities to this great organisation.
Juliana Jamal
President
President’s Review
“I am completely humbled by
the support of the membership
and my Executive Committee.
The numbers at all our events so
far, as well as the number of
corporate sponsors we have
shows the strength and potential
of AMSA."
-
Australian Malaysian Singaporean Association © 2013
PAGE 3 PASSAGES SEPTEMBER 2013 EDITION
AMSA’s Activities 2013 Annual General Meeting (AGM)
Saturday 20th April, 2013
By Erin Chew
AMSA's 2013 Executive Committee was elected on Saturday 20th April, 2013. A combination of experienced AMSA Executive
members together with some new talent make up the fourteen elected at the AGM. The following table will list the 2013 AMSA Executive Committee with the position they were elected to;
AMSA 2013 Executive Committee
Ms Juliana Jamal President
Ms Evelyn Tian Vice President
Dr James Chin Vice President
Mr Wallace Wang Vice President
Ms Michelle Wong Hon Secretary
Ms Tracy Tan Hon Treasurer
Ms Heng Lee Ming Committee Member
Mr Edwin Lee Committee Member
Ms Jaslyn Perlitz Committee Member
Ms Erin Chew Committee Member
Mr Daniel Tan Committee Member
Mr Vindran Vangadasalam Committee Member
Mr Zack Tare Committee member
Mr Basil Jong Committee Member
Mr Rick Siew Hon Auditor
Before the AGM’s official proceedings, Outgoing President Elvan Tong, presented AMSA’s audited Annual Financial Report
on behalf of the absent Treasurer Tracy Tan. For the year ending 31st March 2013, AMSA had a total income of $21,660.25
against total expenditure of $24,861.06, making a deficit of $3,200.81. The deficit was primarily due to some subsidised events held during the year, such as Chinese New Year Dinner and Karaoke, President’s Tea Party, Sponsor’s Lunch and
AMSA-Temasek Club Christmas Picnic. The highlights of the Outgoing President Elvan Tong’s final Report are:
1. Encouragement of further attendance by AMSA at affiliated association’s activities to improve and further
relationships; 2. The need of ongoing improvements in AMSA administration and event organising;
3. In the 2012/2013 calendar year period AMSA has 55 new members, 45 renewals and 46 couple memberships;
4. AMSA currently has a total membership of 216, with 121 financial members;
The highlight of the Outgoing President’s wish list for the elected 2013 AMSA Executive Committee is:
1. Attracting more youths, students and Caucasians to engage with AMSA;
2. To have more sporting activities; 3. AMSA to act as a “voice” on local issues that affect its members;
4. AMSA to work towards being more socially inclusive and cohesive in the spirit of multiculturalism; The Outgoing President concluded by thanking AMSA members and sponsors for their support during his committee’s tenure. He
also acknowledged his team by presenting each member with a Certificate of Appreciation. Life memberships were offered to
Ms Evelyn Tian, as Past President and to Mr Rick Siew for his long service as AMSA’s Hon. Auditor.
-
Australian Malaysian Singaporean Association © 2013
PAGE 4 PASSAGES SEPTEMBER 2013 EDITION
AMSA Family Picnic
Sunday, 30th June 2013
If breaking records is anything to go by, the AMSA Family Picnic held on Sunday 30th June at the Granville Youth and
Community Recreation Centre certainly did. The AMSA Family Picnic is the first official event organised and coordinated by
the 2013 Executive Committee. A job well done to all the Executive Members! Despite the dreary weather, 138 members
and friends turned up at this event, breaking all records set by previous committees by 40 people for a daytime function.
Members and friends started to arrive before 10:30am, while the Executive Committee members were setting up in earnest.
Being a pot-luck affair, members and friends brought over 40 scrumptious and delicious dishes to tantalise the palate. President Juliana Jamal started the formal proceedings by introducing the 2013 AMSA Executive Committee. The judging of
the best entree, main and dessert was then conducted. This was all kindly coordinated by Vice President Wallace Wang
and Committee Member Edwin Lee.
From there, the best part began.....wait for it....EATING! Committee members Basil Jong and Heng Lee Ming organised the
games session which was enjoyed by both the children and the adults. Prizes were awarded to the winners for various games such as the egg and spoon race, the three legged race, 1-2-zom and the hopping with one leg race. This wonderful
event was concluded with the drawing of raffle prizes donated by the various sponsors.
AMSA would like to thank the following sponsors who donated the raffle, best dishes and lucky door prizes: Energetix
Australia, Grace Hotel, Nestle, Daniel Kwan, Chris Flockhart and Elvan Tong. Vindran Vengadasalam donated 100 gift bags
for each and every guests who attended to take home. A big thank you should also be given to acknowledge the efforts of all the families and partners of the Committee Members whose help throughout the day contributed greatly to the success of the event!
-
Australian Malaysian Singaporean Association © 2013
PAGE 5 PASSAGES SEPTEMBER 2013 EDITION
-
Australian Malaysian Singaporean Association © 2013
PAGE 6 PASSAGES SEPTEMBER 2013 EDITION
AMSA Sponsor Thank You Lunch
Saturday, 27th July 2013
This event highlighted the value of how a volunteer, sponsor and AMSA as an association can forge a strong relationship and
work together. Sponsors of AMSA are valued for their support in kind as well as support in funding arrangements and donations.
All this sponsorship goes towards benefitting the entire AMSA membership through holding great events and subsidised prices to functions.
Without the support from sponsors, AMSA will not be able to offer its members and Executive Committee the platform to enjoy and be involved in AMSA at an operational level.
In addition to our sponsors, AMSA is extremely fortunate to have generous volunteers from its membership who offer their time and resources selflessly. AMSA always works towards acknowledging the contributions of its volunteers who give back
to the community and promote goodwill amongst all Australians, Malaysians and Singaporeans living in Sydney.
-
Australian Malaysian Singaporean Association © 2013
PAGE 7 PASSAGES SEPTEMBER 2013 EDITION
AMSA -MNEWS Majlis Hari Raya Celebration
Sunday, 18th August 2013 AMSA and MNEWS (Malay/Muslim North East West South) group collaborated to celebrate Eid/Hari Raya this year. Over 200
people came from across Sydney dressed in modern and traditional baju kurung, batik and baju melayu. The entire event
would stimulate your senses with its elbaorate decorations, music and the smells of scrumptious Malay cuisine. The MC entertained the audience with games which involved everyone of all ages and introduced them all to the Malay
culture. The MNEWS ladies sang many old and modern songs and the crowd was entertained with a joget dance by a joint AMSA/MNEWS dance crew.
AMSA would like to thank MNEWS for the collaboration and support which made the event entertaining and incredibly successful!
-
Australian Malaysian Singaporean Association © 2013
PAGE 8 PASSAGES SEPTEMBER 2013 EDITION
Merdeka Treasure Hunt
Saturday, 31st August 2013 Close to 50 Malaysians came together to celebrate Merdeka day at Magpie Picnic Area, Nurragingy Reserve, Doonside this
year. The organising committee for this event comprised of a patriotic and passionate group of Malaysians living in the Western
Suburbs of Sydney who have created a small Malaysian community who enjoy looking for treasure! This is the second treasure hunt organised by this group who are led by AMSA members Karu Rangasamy, Dinesh Kumar Kasinathan, Durga Siva, Suthagar Karunanithi, just to name a few.
With the Treasure Hunt, there are ten stations which tested your abilities, knowledge and skills of the Rukun Negara, quizzes on
auspicious dates in Malaysian history, what the word tapau means, singing Sudirman's old Tanggal 31song, tying flower garlands,
using chopsticks to pick up marbles, playing batu seremban and knowing the flags of each Malaysian state.
AMSA would like to thank the organising team and volunteers who made this day a very successful event! The organising team
and volunteers bought cheer, laughter and a sense of community spirit!
-
Australian Malaysian Singaporean Association © 2013
PAGE 9 PASSAGES SEPTEMBER 2013 EDITION
Features Political Representation - Is there any room for Asian Australians?
By Erin Chew So we have officially entered the Asian Century. Amid all the commentary about the white paper, there has been consensus
over one thing. The Asian Century white paper marks a positive step in furthering the Australian/Asian relationship and how
Australia is to respond to the economic rise of Asia.
In theory, with such a huge milestone such as this white paper, it should translate as to how Asian Australians are viewed, perceived and represented in Australia society. However in reality, it has not necessarily translated into public or political figures.
For a country where Asian Australians make up over eight percent of the national vote, the reflection of representation in public life is very dismal. Where are our Asian Australians in the judiciary? where are they on the Director Boards of huge public
companies and where are they in State and Federal politics? There will always be the odd one or two notable exceptions, but it
is still nowhere near proportionate to the actual population of Asian Australians.
How unfortunate that Asian Australians are not represented in the room when it matters. If they are included in the room, asides from those notable exceptions it is usually very tokenistic, rather than an extension of the contribution that an Asian Australian public figure can make to the society as a whole. As an Asian Australian, we all need to work that little harder to get noticed or
to even stand a chance of being selected for a public position.
The prime example is when we look at some of the more notable candidates for this year's Federal Election. In NSW we had
Andrew Nguyen and Jaymes Diaz standing for the Liberal Party for the electorates of Fowler and Greenway respectively, and Jason Yat-Sen Li standing for the Labor Party in the electorate of Bennelong. In Victoria we had John Nguyen stand for the Liberal Party for the electorate of Chisholm and Wesa Chau for the Labor Party for the electorate of Higgins. With Sydney and
Melbourne becoming the hubs for Asian immigrants, we are not seeing this reflected in public office. And, when notable
candidates such as those mentioned are standing, they are automatically labeled as a race card or as a way for the political
parties to look more integrated. Why can't these candidates be seen for their personal strengths, weaknesses and contributions rather than the colour of their skin?
Aren't we all meant to be equal in this multicultural society? Our multicultural character is a strength. Yet, though we like to celebrate our major cities as global, diverse and multicultural, we do not always embrace these aspects for cultural learning. To
put some perspective on this, lets gage some of the thoughts from some of the notable Asian Australian candidates who were
put in the firing line just because they put their hand up and stood as a candidate for public office.
Jason Yat-Sen Li who stood for the electorate of Bennelong was attacked by journalist Paul Sheehan in the Sydney Morning
Herald by being labeled as Rudd's race card. In response Jason stated that
"So why did Paul Sheehan decide to write about me and not a candidate with an Anglo-Saxon name? He has ignored my
qualifications for the job. The only reason is my racial heritage. When are we all going to be considered equal and judged on
our merits? That's why I am standing for Parliament."
Source: http://www.smh.com.au/comment/jason-yatsen-li-being-australian-is-not-about-the-colour-of-your-skin-20130830-
2sv06.html
Andrew Nguyen who stood for the electorate of Fowler felt he was unfairly treated by his own party. Again like the experience
of Jason, he was also labeled and not given the same opportunities as his Anglo-Saxon counterparts. In an interview to Fairfax Media, post the election, Andrew stated:
"Andrew Nguyen has claimed in an interview with Fairfax Media that Tony Abbott's campaign staff physically escorted him
away from
an appearance by the then opposition leader in Liverpool during the third week of the campaign. "They told me Andrew
please go home, you can't be here," Mr Nguyen said.
"We were treated like second-class citizens. Me, [Jaymes Diaz in] Greenway and [Martin Zaiter in] Parramatta.""
Source: http://www.smh.com.au/federal-politics/political-news/liberal-candidate-andrew-nguyen-says-party-treated-ethnic-
candidates-as-secondclass-citizens-20130911-2tked.html
It's unfortunate to think that a country that has built itself up on multiculturalism could have such deep-seeded racial issues,
especially at a time when our relations with Asian nations are becoming more important.
-
Australian Malaysian Singaporean Association © 2013
PAGE 10 PASSAGES SEPTEMBER 2013 EDITION
The Asian Century may just provide an opportunity to reinvigorate our nation-building brand of multiculturalism. We have grown
lazy in believing that diversity was just about the culinary innovation of modern Australia. The enduring virtue of Australian multiculturalism is that it allows a national identity to evolve with time and adapt to change. This gets to the core of the
challenge which is continually presented to our nation.
What are your thoughts on this issue? I would be interested to hear your suggestions. Please email me at [email protected] .
-
Australian Malaysian Singaporean Association © 2013
PAGE 11 PASSAGES SEPTEMBER 2013 EDITION
David
By Sophie Roberts
Sourced by Mark Khoo of Salvos Legal We first met David in gaol in June 2010. We were there to visit another client, and a welfare officer asked us if we would be willing to see one of their inmates to give him some advice. When we asked David what he needed help with, he said “I’m not worried about myself, but I need someone to help my daughters.”
David explained to us that he had been convicted of money laundering offences and sentenced to imprisonment in 2008.
Since his arrest, David had assisted the NSW Crime Commission with their investigation into a group which had been involved in
drug trafficking and money laundering in Australia for a significant period of time. David had undertaken to assist the NSW
Crime Commission at great personal risk, wearing a listening device to help it obtain the evidence it needed to prosecute these criminals.
David was afraid that if he was returned to his country of origin he and his family would face reprisals from corrupt officials and others who had been incriminated as a result of the assistance and information that he had provided to the Australian
authorities.
David told us about his two young daughters who were then aged 15 and 16 and had lived most of their lives in Australia. His daughters were living with his wife and his mother in Sydney, but only one of his daughters had a valid visa. The rest of the
family’s visas had expired years ago, and they were living under constant threat of deportation.
After our return from gaol we arranged an appointment to meet David’s wife Rita. Rita brought her eldest daughter Caroline
with her to our office. Caroline explained to us that she had first arrived in Australia in 1997 as a three year old to have surgery to correct a congenital heart defect. Her sister Susanah arrived in Australia in 2000 as a five year old. The girls had completed all of their schooling in Australia, and they had established strong social and community ties here. They did not know anyone in their
home country and they could no longer speak the language.
After meeting Rita and Caroline we were in no doubt that David and his family needed our help. We felt that even though
David had committed a serious criminal offence, we could not ignore that his young daughters were in a terrible situation
through no fault of their own, and would face irreparable harm (likely death) if they were forced to return to their country of origin.
In November 2010, a few days before David was due to be released from gaol, we wrote to the Minister for Immigration and Citizenship requesting that he take David and his family’s unique and exceptional circumstances into account and exercise his
discretion to intervene and allow David and his family to remain in Australia permanently.
Upon receipt of the family’s written request for Ministerial intervention the Department of Immigration and Citizenship (DIAC) granted Rita, Susanah and David’s mother bridging visas so that they could remain in the community while they awaited the
outcome of their request.
When David was released from gaol, he too was granted a Bridging visa enabling him to return to his family. We were also able
to assist David with an application for permission to work, so he could support his family.
In February 2011 David became aware of a former associate’s intention to import a large quantity of illegal drugs into Australia. He contacted the NSW Crime Commission and NSW police and again voluntarily assisted them with their investigation by facilitating recording of telephone contact between himself and the suspects, resulting in the seizure of a large amount (worth
$million) of illegal drugs and the arrest of four suspects.
In August 2012, DIAC contacted us and advised that the Minister was not prepared to intervene and grant visas to David, his wife or his mother, but that he would grant a Student visa to Susanah so that she could complete her schooling in Australia. We were disappointed with this result but determined not to give up, we asked the Minister to reconsider our request. The
Commissioner for Police, whose office we had been working very closely with, also asked the Minister to reconsider.
Also, quite bizarrely in August 2012, DIAC contacted David’s wife Rita to inform her that she had not been properly notified of
the refusal of a Protection visa application that she had made in 1997 and that she had the right to apply for review of that decision in the Refugee Tribunal (RRT).
In April 2013 we made submissions and provided evidence to the RRT that Rita would be at risk of significant harm from organised criminal gangs if she were returned to her country of origin, and remitting the matter to the DIAC with a direction that
Rita met the requirements for the grant of a Protection visa.
-
Australian Malaysian Singaporean Association © 2013
PAGE 12 PASSAGES SEPTEMBER 2013 EDITION
Finally, in August 2013 after 3 years (and 3 different Ministers, due to the changing political climate) we received a letter
confirming that the Minister had decided to exercise his power to intervene in David’s case and to grant him and his entire family permanent visas to remain in Australia.
Had we not crossed paths with David in 2010, he and his family would most likely have been returned to their country of origin
where they would have been at risk of retribution from corrupt officials and criminal gangs. Now they can look forward to something many take for granted: a safe and secure future together, as a family in Australia.
-
Australian Malaysian Singaporean Association © 2013
PAGE 13 PASSAGES SEPTEMBER 2013 EDITION
Bankruptcy
By Jeffrey Lee of Comaster Law Firm
This article discusses bankruptcy generally, and how creditors can recover debts owned by taking bankruptcy proceedings
against a debtor. It also discusses how a person becomes bankrupt and the consequences that follow.
Bankruptcy can occur by an order of the Court or voluntarily. Less commonly, bankruptcy can be applied for by the legal personal representative of a deceased person.
A. Bankruptcy Ordered by the Court – Creditor’s Petition
If a Creditor is owed a debt, they may seek to enforce the debt by taking bankruptcy proceedings against the Debtor at the
Court. This may only be done when the debt owed is $5,000 or more.
There are a number of ways creditors can bankrupt debtors. The most common procedure would involve the following steps:
1. Obtaining a Court Judgement against the debtor for the debt. 2. Creditor requesting Insolvency and Trustee Service Australia ("ITSA") to issue a Bankruptcy Notice based on the Court
order obtained (the Court order must not be over six years old). The Bankruptcy Notice must be compiled within 21
days by the Debtor. In some cases, an extension of time to comply with the Bankruptcy Notice may be applied for by the Debtor by making an application to the Court.
3. If the Bankruptcy Notice is not compiled (this is known as an act of bankruptcy), then the Creditor can petition the
Court to have the Debtor be made bankrupt. Upon filing a Creditor's Petition at the Federal Court or the Federal Magistrate's Court, there would be a hearing of the Creditor's petition where the Creditor would have to prove that the
Debtor committed an act of bankruptcy (pursuant to Section 40 of the Bankruptcy Act 1966) within the six months prior
to filing the petition. The Debtor would also be able to make a submission during the Court hearing. 4. If the Court is satisfied that an act of bankruptcy has been committed by the Debtor, it would issue a Sequestration
Order. This Sequestration Order has the effect of making the Debtor bankrupt. Within 14 days of the Sequestration
Order being made, the Debtor must file a Statement of Affairs with ITSA, and a Trustee would be appointed.
B. Prior to Bankruptcy
If a Debtor is struggling to pay their debt and looking to stop a Creditor from chasing the debt, there are a few things a Debtor
can do prior to petitioning for bankruptcy. These options include: negotiating informal arrangements or formal debt
arrangements (like a Debt Agreement or Personal Insolvency Agreement); or obtaining interim relief in the form of a declaration of intention to present a Debtor's petition, which stops Creditors from taking debt enforcement action for a period of 21 days.
However, when these arrangements fail, bankruptcy proceedings could be commenced by either the Creditor or the Debtor.
C. Voluntary Bankruptcy - Debtor's Petition
If a Debtor is unable to pay their debts as they become due, and if no suitable repayment plan can be made with their Creditors, the Debtor may have to apply to become a bankrupt. Upon becoming bankrupt, almost all unsecured creditors
cannot take any further legal action to recover the debts owed. This is done through lodging a Debtor's Petition for Bankruptcy. Approximately 80% of bankruptcies that happen in Australia occur through a Debtor's Petition for Bankruptcy.
Applications for voluntary bankruptcy must be lodged with Insolvency and Trustee Service Australia ("ITSA"). Documents to be lodged with ITSA include the Debtor's Petition for Bankruptcy, a statement of affairs and an acknowledgement that the debtor has read the "prescribed information."
Once the petition is lodged with ITSA together with the relevant documents, an Official Receiver needs to accept the Petition and issue a bankruptcy number. In some cases, the Official Receiver will not accept a Debtor's Petition for Bankruptcy where
from the information provided, it is likely that the Debtor can pay their debts and are avoiding payment of them. When lodging
the Petition, the Debtor should be present in Australia. It should be noted that unlike a Creditor's Petition, there is no limit on the amount of debt owing before a Debtor's Petition of
Bankruptcy may be filed.
-
Australian Malaysian Singaporean Association © 2013
PAGE 14 PASSAGES SEPTEMBER 2013 EDITION
D. Consequences of Bankruptcy
Bankruptcy generally lasts for a period of three years (but can be extended to five or eight years in some cases). However, the bankrupt's name would be permanently recorded on the National Personal Insolvency Index, which can be assessed by the
public upon payment of a fee. Credit reporting agencies would also keep a record of the bankruptcy, normally for a period of seven years.
When a Debtor becomes bankrupt, a Trustee is appointed to administer the bankruptcy. The trustee would try to pay the Debtor's creditors by:
1. Selling the Debtor's assets (some assets like ordinary household items and personal items are exempt) 2. Using the Debtor's income if above a certain threshold
3. Investigating whether property originally owned by the Debtor was transferred to another person for nominal
consideration prior to their bankruptcy
E. Discharge of Bankruptcy
If a Debtor has been made bankrupt by a Sequestration Order or voluntarily, the Debtor will generally be automatically
discharged from bankruptcy three years and one day from: (a) when the completed Statement of Affairs has been accepted by ITSA (for bankruptcy made under a Sequestration Order); and (b) when the Debtor's Petition and Statement of Affairs was filed (for voluntary bankruptcy).
F. Annulment of Bankruptcy
Bankruptcy can be annulled (meaning cancelled) in certain circumstances. The three ways to get an annulment include: (a) the Debtor paying their debts in full (including the Trustee's costs); (b) coming to an arrangement with Creditor's to pay less than the
owed amount in satisfaction of the full debt; and (c) via a Court Order. If a bankruptcy is annulled, the public record would have a permanent record showing that the bankruptcy was annulled.
Comasters May 2013
-
Australian Malaysian Singaporean Association © 2013
PAGE 15 PASSAGES SEPTEMBER 2013 EDITION
For Laughs – Ah Beng
Sourced By Elvan Tong
The following are some jokes to end this edition of Passages. Thank you Elvan for submitting some great jokes for laughs!
1. Someone asks Ah Beng why Lee Hsien Loong (PM Singapore) goes walking only in the evening but not in the
morning.
Ah Beng replies: 'Because he is PM not AM'.
2. Ah Beng buys a new mobile. he sends a message to everyone in his Phone Book and says:
'My mobile number has changed. Earlier it was Nokia 3310. Now it is Nokia 6610'.
3. Ah Beng: 'Doctor, in my dreams I play football every night.' Dr: 'Take this tablet, you will be okay.'
Ah Beng: 'Can I take tomorrow, tonight is final game'
4. Ah Beng:' People consider me as a 'GOD'' Wife: 'How do you know'?
Ah Beng: 'When I went to the park today, everybody said, "Oh GOD! Why you come here again?"'
5. How do you recognise Ah Beng in school?
He is the one who erases his notes from the book when the teacher erases the board.
The Deaf Book-keeper
A Mafia Godfather finds out that his bookkeeper, Guido, has cheated him $10,000,000.00. His bookkeeper is deaf. That was
the reason he got the job in the first place. It was assumed that Guido would hear nothing so he would not have to testify in court. When the Godfather goes to confront Guido about his missing $10 million, he takes along his lawyer who knows
sign language.
The Godfather tells the lawyer, "Ask him where the money is." The lawyer, using sign language, asks Guido, "Where's the
money?" Guido signs back," I don't know what you are talking about." The lawyer tells the Godfather, "He says he doesn't know what you are talking about".
The Godfather pulls out a pistol, puts it to Guido's head and says, "Ask him again and tell him if he doesn't answer, I'll kill
him!" The lawyer signs to Guido, "He'll kill you if you don't tell him".
Guido trembles and signs back, "OK! You win! The money is in the brown briefcase, buried behind the shed at my cousin Bruno's house." The Godfather asks the lawyer, "What did he say?"
The lawyer replies, "He says you don't have the guts to pull the trigger."
Disclaimer:
The views and opinions expressed in this Newsletter do not reflect the stand or position of AMSA Inc. The material is for the use of AMSA members only. AMSA assumes no responsibility for any use or misuse of the material and makes no representations of any kind with respect to the material in this Newsletter