Bankruptcy Regulations 1996
PART 6
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ADMINISTRATION OF PROPERTY
Division 4
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Undervalued transactions
REGULATION 6.09
6.09
TRANSFERS EXEMPT FROM BEING VOID AGAINST TRUSTEE
The kind of transfer of property to which paragraph 120(2)(d) of the Act applies is one where the costs of recovering the transferred property would, in the trustee's opinion, be likely to exceed the value to the creditors of the property.
The kind of transfer of property to which paragraph 120(2)(d) of the Act applies is one where the costs of recovering the transferred property would, in the trustee's opinion, be likely to exceed the value to the creditors of the property.
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