S 155D repealed by No 11 of 2016, s 3 and Sch 1 item 47, effective 1 March 2017. S 155D formerly read:
SECTION 155D EXTENSION OF REGISTRATION
155D(1)
[Requirement to extend]
The Inspector-General must extend the registration of a person as trustee for three years from the expiry of the person
'
s registration if:
(a)
the person applies in writing to the Inspector-General for the extension before the person
'
s registration expires; and
(b)
the person has paid the fee determined by the Minister by legislative instrument (and any late payment penalty under subsection (3) of this section).
History
S 155D(1) amended by No 34 of 2006, s 3 and Sch 1 item 6, by substituting
"
fee determined by the Minister by legislative instrument
"
for
"
charge imposed by section 6 of the
Bankruptcy (Registration Charges) Act 1997
"
, effective 1 July 2006.
S 155D(1) amended by No 131 of 2002 (as amended by No 80 of 2004, s 3 and Sch 7), s 3 and Sch 1 items 133 and 227, by inserting
"
(and any late payment penalty under subsection (3) of this section)
"
, applicable to extensions of registration with an expiry date that is at least 3 months after 5 May 2003. For additional provision on the commencement of No 131 of 2002, see note under s 33A.
155D(2)
[Requirement not to extend]
The Inspector-General must not extend the registration of a person if:
(a)
the person owes a total or more than $50 for the following:
(i)
charge under the
Bankruptcy (Estate Charges) Act 1997
(the
estate charge
);
(ii)
penalty under section 281 of this Act in respect of that charge; and
(b)
the Inspector-General notified the person of the unpaid estate charge at least 14 days before the due date for payment of the charge under subsection (3) on the extension of the registration.
History
S 155D(2) inserted by No 131 of 2002 (as amended by No 80 of 2004, s 3 and Sch 7), s 3 and Sch 1 items 134 and 227, applicable to extensions of registration with an expiry date that is at least 3 months after 5 May 2003. For additional provision on the commencement of No 131 of 2002, see note under s 33A.
155D(3)
[Charge]
The fee for an extension of registration is due for payment one month before the expiry of the registration. If the fee is not paid by then, an additional amount equal to 20% of the fee is payable by the trustee by way of penalty.
History
S 155D(3) amended by No 34 of 2006, s 3 and Sch 1 items 7 and 8, by substituting
"
fee for
"
for
"
charge on
"
and substituting
"
the fee
"
for
"
the charge
"
(wherever occurring), applicable to extensions under this section resulting from applications made on or after 1 July 2006 as described in this section.
S 155D(3) inserted by No 131 of 2002 (as amended by No 80 of 2004, s 3 and Sch 7), s 3 and Sch 1 items 134 and 227, applicable to extensions of registration with an expiry date that is at least 3 months after 5 May 2003. For additional provision on the commencement of No 131 of 2002, see note under s 33A.
S 155D inserted by No 44 of 1996, Sch 1, Pt 1(283); amended by No 11 of 1997, s 3 and Sch 1(7).
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