BANKRUPTCY ACT 1966

PART IV - PROCEEDINGS IN CONNEXION WITH BANKRUPTCY  

Division 6 - Composition or arrangement with creditors  

SECTION 73B   DECLARATION OF RELATIONSHIPS BY PROPOSED TRUSTEE OF COMPOSITION OR SCHEME OF ARRANGEMENT  

73B(1)  
This section applies if the proposal provides that a person (the proposed trustee ) other than the trustee of the bankrupt ' s estate is to become the trustee of the composition or scheme of arrangement.

73B(2)  
The proposed trustee must make a written declaration stating whether the bankrupt is a related entity of:


(a) the proposed trustee; or


(b) a related entity of the proposed trustee.

73B(3)  
The proposed trustee must:


(a) give a copy of the declaration to the Official Receiver; and


(b) give a copy of the declaration to the trustee of the bankrupt ' s estate; and


(c) keep a copy of the declaration.

73B(4)  
(Repealed by No 11 of 2016)




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