Insolvency Law Reform Act 2016 (11 of 2016)
Schedule 1 Amendments relating to the Insolvency Practice Schedule (Bankruptcy)
Part 3 Transition to the Insolvency Practice Schedule (Bankruptcy)
Division 2 Application of Part 2 of the Insolvency Practice Schedule (Bankruptcy) and related consequential amendments
Subdivision A Registering trustee
109 Current conditions for old Act registrants - conditions under the old Act
Conditions under the old Act
(1) If:
(a) a condition applies to an old Act registrant's practice as a registered trustee under section 155E, 155F or 155I of the old Act; and
(b) that condition is still in force immediately before the commencement day;
that condition (including any modifications under section 155F or 155I of the old Act) is a current condition imposed on the old Act registrant.
Varying etc. conditions of registration
(2) Subdivision C of Division 20 of the Insolvency Practice Schedule (Bankruptcy) applies to a condition imposed under subitem (1) in the same way as it applies to a condition imposed by a committee under that Schedule.