Bankruptcy Act 1966
SCHEDULE 2
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INSOLVENCY PRACTICE SCHEDULE (BANKRUPTCY)
An individual may apply to the Inspector-General to have the individual ' s registration as a trustee renewed.
20-70(2)
The application must be lodged with the Inspector-General, in the approved form, before the applicant ' s registration as a trustee ceases to have effect.
20-70(3)
If an individual applies to have his or her registration as a trustee renewed, the individual must, at least 1 month before the registration ceases to have effect, pay the renewal fee determined by the Minister by legislative instrument. If the renewal fee is not paid at least 1 month before the registration ceases to have effect, an additional amount equal to 20% of the renewal fee is payable by the applicant by way of penalty.
20-70(4)
The application is properly made if subsection (2) is complied with.
Note: See section 4A .
PART 2 - REGISTERING AND DISCIPLINING PRACTITIONERS Division 20 - Registering trustees Subdivision D - Renewal SECTION 20-70 APPLICATION FOR RENEWAL 20-70(1)An individual may apply to the Inspector-General to have the individual ' s registration as a trustee renewed.
20-70(2)
The application must be lodged with the Inspector-General, in the approved form, before the applicant ' s registration as a trustee ceases to have effect.
Note:
The Court may extend the time within which an application must be lodged: see paragraph 33(1)(c) .
20-70(3)
If an individual applies to have his or her registration as a trustee renewed, the individual must, at least 1 month before the registration ceases to have effect, pay the renewal fee determined by the Minister by legislative instrument. If the renewal fee is not paid at least 1 month before the registration ceases to have effect, an additional amount equal to 20% of the renewal fee is payable by the applicant by way of penalty.
20-70(4)
The application is properly made if subsection (2) is complied with.
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