Bankruptcy Act 1966

Div 3 repealed by No 11 of 2016, s 3 and Sch 1 item 54, applicable in relation to the administration of regulated debtors ' estates on and after 1 September 2017.

S 175 repealed by No 11 of 2016, s 3 and Sch 1 item 54, applicable in relation to the administration of regulated debtors ' estates on and after 1 September 2017. S 175 formerly read:

SECTION 175 AUDIT OF TRUSTEE ' S ACCOUNTS  
175(1)
The Inspector-General may, on his or her own initiative or at the request of a creditor or the bankrupt, audit an account referred to in section 173 or cause it to be audited by an appropriate person.

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History

S 175(1) amended by No 74 of 1981, s 142; substituted by No 11 of 1997, s 3 and Sch 1(17).

175(2)
(Repealed by No 11 of 1997, s 3 and Sch 1(17).)

175(3) - (4)
(Omitted by No 115 of 1990, s 28(a).)

175(5)
For the purposes of an audit under this section, the trustee shall produce to the person carrying out the audit as and when required such books and information as that person requires.

Penalty: 5 penalty units.

Note:

See also section 277B (about infringement notices).

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S 175(5) amended by No 106 of 2010, Sch 2 item 29, effective 1 December 2010, by inserting the note.

S 175(5) amended by No 12 of 1980, s 90.

Penalty for s 175(5) offence inserted by No 11 of 1997, s 3 and Sch 1(18).

175(5A)
Subsection (5) is an offence of strict liability.

Note:

For strict liability , see section 6.1 of the Criminal Code .

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S 175(5A) inserted by No 24 of 2001, s 3 and Sch 5 item 10. For application provision, see note under s 7A.

175(6)
The cost of an audit under this section shall be borne by the estate.

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History

S 175(6) amended by No 115 of 1990, s 28(b).

175(7)
(Repealed by No 11 of 1997, s 3 and Sch 1(19).)