Bankruptcy Regulations (Amendment) 1997 (76 of 1997)

28.   Regulation 16.07 (Fees payable to the Official Trustee)

28.1 Subregulation 16.07 (3):

After paragraph (a), insert:

"(aa) performs work under Division 6 of Part IV of the Act; or".

28.2 Subregulation 16.07 (3):

Omit "out of the estate".

28.3 Regulation 16.07:

After subregulation 16.07 (3), insert:

" (3A) A fee payable under subregulation (3) is payable:

(a) where paragraph (3) (aa) applies - out of the amount realised (within the meaning of that expression set out in subregulation (4) as modified by subregulations (5) and (6)) under Division 6 of Part IV of the Act; or

(b) in any other case - out of the estate.".

28.4 Subregulation 16.07 (8):

Omit "exercising control of the property,", substitute "performing any of those functions,".