Bankruptcy Regulations 1996

PART 16 - MISCELLANEOUS  

Division 2 - Matters relevant to fees  

Note: Divisions 2 and 3 of Part 16 of the Regulations formerly provided for the fees in relation to the Act (including remuneration of the Official Trustee). As a result of the amendment of the Act by the Bankruptcy Legislation Amendment (Fees and Charges) Act 2006 , the remuneration of the Official Trustee and fees in relation to the Act are now set out in the Fees and Remuneration Determination.

REGULATION 16.08   REIMBURSEMENT OF OFFICIAL TRUSTEE FOR EXPENSES  

16.08(1)    


An amount equal to the amount of expenses incurred by the Official Trustee, in performing work of a kind mentioned in clause 3.03, 3.04, 3.08 or 3.09 of the Fees and Remuneration Determination in relation to an estate or debtor, is payable to the Official Trustee:


(a) for work under clause 3.03, 3.08 or 3.09 - out of the estate; or


(b) for work under clause 3.04 - out of the composition or scheme of arrangement.


16.08(2)    


In this regulation:

amount realised
has the meaning given by clause 3.01 of the Fees and Remuneration Determination.





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