Bankruptcy Regulations 1996 (Repealed)

Pt 7 repealed by FRLI No F2016L01926, reg 4 and Sch 1 item 61, effective 1 September 2017. Pt 7 formerly read:

PART 7 - MODIFICATION UNDER SUBSECTION 231(5) OF THE ACT - TRUSTEES OF PERSONAL INSOLVENCY AGREEMENTS

1 Subsection 173(1)  

1	substitute
	(1)	The trustee of a personal insolvency agreement must keep such accounts and records as are necessary to exhibit a full and correct account of the administration of the agreement and must permit a creditor of the debtor:
			(a)	to inspect, at all reasonable times, either personally or by an agent, the accounts and records relating to the personal insolvency agreement; and
			(b)	to take a copy of those accounts and records.
			Penalty: 5 penalty units.

Sch 6 substituted by SR No 256 of 2004, reg 3 and Sch 1 item 20, effective 1 December 2004.