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You can travel overseas while bankrupt, but you must obtain written permission from your trustee.;Failing to get permission can result in penalties, including extending your bankruptcy period.

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While it's possible to handle a claim without a lawyer, having legal representation can help navigate complex legal procedures.;A lawyer can also help ensure that you receive the maximum compensation you're entitled to.

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Individuals can declare bankruptcy through the Australian Financial Security Authority (AFSA), which involves submitting a bankruptcy application and undergoing a financial assessment.;Once declared bankrupt, an indiv...

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While some terms may be negotiable, franchise agreements often have standard terms that apply to all franchisees.;It's important for franchisees to seek legal advice before signing to understand which terms can be neg...

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The Telecommunications (Interception and Access) Act 1979 mandates data retention for certain telecommunications data for a minimum of two years.;Businesses must ensure compliance with data retention requirements to a...

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Businesses can improve debt recovery success by conducting thorough credit checks and maintaining clear payment terms.;Effective communication and prompt follow-up on overdue accounts are also key strategies.

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The ACMA is responsible for enforcing the Interactive Gambling Act 2001 and ensuring compliance by online gambling operators.;The ACMA can issue fines, warnings, and take legal action against operators who violate the...

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The Foreign Investment Review Board (FIRB) sets rules for foreign investors buying real estate in Australia, including approval requirements for certain purchases.;Foreign investors must apply for FIRB approval before...

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Issuing shares in Australia requires compliance with the Corporations Act 2001, which includes providing a prospectus or other disclosure documents to potential investors.;Companies must also adhere to ASIC regulation...

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In Australia, the statute of limitations for defamation is generally one year from the date of publication, although extensions may be granted in certain circumstances.;It's important to act quickly to gather evidence...