Pt 7 repealed by FRLI No F2016L01926, reg 4 and Sch 1 item 61, effective 1 September 2017. Pt 7 formerly read:
PART 7
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MODIFICATION UNDER SUBSECTION 231(5) OF THE ACT
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TRUSTEES OF PERSONAL INSOLVENCY AGREEMENTS
1 Subsection 173(1)
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substitute |
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(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: |
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(a) |
to inspect, at all reasonable times, either personally or by an agent, the accounts and records relating to the personal insolvency agreement; and |
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(b) |
to take a copy of those accounts and records. |
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Penalty: 5 penalty units. |