Bankruptcy Regulations 2021

SCHEDULE 3 - MODIFICATIONS IN RELATION TO PART X OF THE ACT  

PART 2 - MODIFICATIONS OF PART VIII OF THE ACT - CONTROLLING TRUSTEES AND TRUSTEES OF PERSONAL INSOLVENCY AGREEMENTS  

Note:

26   Subsection 181A(4)  
Repeal the subsection, substitute:

(4)
If no creditor lodges a written notice of objection with the current trustee at least 2 days before the specified date, the new trustee replaces the current trustee on the date specified in the notice.