SCHEDULE 2
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INSOLVENCY PRACTICE SCHEDULE (BANKRUPTCY)
Note: See section
4A
.
PART 3
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GENERAL RULES RELATING TO ESTATE ADMINISTRATIONS
History
Pt 3 inserted by No 11 of 2016, s 3 and Sch 1 item 2, applicable in relation to the administration of regulated debtors
'
estates on and after 1 September 2017.
Division 60
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Remuneration and other benefits received by the trustee
History
Div 60 inserted by No 11 of 2016, s 3 and Sch 1 item 2, applicable in relation to the administration of regulated debtors
'
estates on and after 1 September 2017.
Subdivision B
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Remuneration of trustees
History
Subdiv B inserted by No 11 of 2016, s 3 and Sch 1 item 2, applicable in relation to the administration of regulated debtors
'
estates on and after 1 September 2017.
SECTION 60-10
60-10
REMUNERATION DETERMINATIONS
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CREDITORS OR COMMITTEE OF INSPECTION
A determination, specifying remuneration that a trustee of a regulated debtor
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s estate is entitled to receive for necessary work properly performed by the trustee in relation to the administration of the estate, may be made:
(a)
by resolution of the creditors; or
(b)
if there is a committee of inspection and a determination is not made under paragraph
(a)
-
by the committee of inspection.
History
S 60-10 inserted by No 11 of 2016, s 3 and Sch 1 item 2, applicable in relation to the administration of regulated debtors
'
estates on and after 1 September 2017.