BANKRUPTCY ACT 1966

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (BANKRUPTCY)  

Note: See section 4A .

PART 3 - GENERAL RULES RELATING TO ESTATE ADMINISTRATIONS  

Division 70 - Information  

Subdivision D - Giving information etc. to creditors and others  

SECTION 70-40   RIGHT OF CREDITORS TO REQUEST INFORMATION ETC. FROM TRUSTEE  

70-40(1)  
The creditors may by resolution request the trustee of a regulated debtor ' s estate to:


(a) give information; or


(b) provide a report; or


(c) produce a document;

to the creditors.

70-40(2)  
The trustee must comply with the request unless:


(a) the information, report or document is not relevant to the administration of the regulated debtor ' s estate; or


(b) the trustee would breach his or her duties in relation to the administration of the regulated debtor ' s estate if the trustee complied with the request; or


(c) it is otherwise not reasonable for the trustee to comply with the request.

70-40(3)  
The Insolvency Practice Rules may prescribe circumstances in which it is, or is not, reasonable for a trustee to comply with a request of a kind mentioned in subsection (1).




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