EmailPrint Back to browse View full documentView full document Previous section | Next section BANKRUPTCY ACT 1966 PART VIII - TRUSTEES Division 1 - Appointment and official name SECTION 155I 155I DECISION ON INVOLUNTARY TERMINATION OF REGISTRATION (Repealed by No 11 of 2016) View history note Hide history note History S 155I repealed by No 11 of 2016, s 3 and Sch 1 item 47, effective 1 March 2017. S 155I formerly read: SECTION 155I DECISION ON INVOLUNTARY TERMINATION OF REGISTRATION 155I(1) [Decision options] The committee must: (a) decide that the trustee should continue to be registered; or (b) decide that the trustee should cease to be registered. 155I(2) [Continued registration] The committee may decide under paragraph (1)(a) that: (a) the trustee should continue to be registered unconditionally; or (b) the trustee should continue to be registered on the condition that: (i) the trustee meets specified conditions; or (ii) specified conditions are imposed on the trustee ' s practice; or (iii) specified modifications are made to conditions on the trustee ' s practice. Note: See the definition of modifications in subsection 5(1). 155I(3) [Cessation] The committee may decide under paragraph (1)(b) that: (a) the trustee should cease to be registered unconditionally; or (b) the trustee should cease to be registered if the trustee fails to meet specified conditions. 155I(4) [Report with reasons] The committee must give the trustee and the Inspector-General a report of its decision relating to the application, and the reasons for the decision. 155I(5) [Review] The trustee may apply to the Administrative Appeals Tribunal for review of the committee ' s decision. 155I(6) [Inspector-General must act] The Inspector-General must give effect to the committee ' s decision. Note: Sections 176 and 182 specify other circumstances in which a trustee may involuntarily cease to be registered. S 155I inserted by No 44 of 1996, Sch 1, Pt 1(283). View full documentView full documentBack to top This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.