Bankruptcy Act 1966

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (BANKRUPTCY)  

Note: See section 4A .

PART 3 - GENERAL RULES RELATING TO ESTATE ADMINISTRATIONS  

Division 75 - Meetings of creditors  

SECTION 75-50   RULES RELATING TO MEETINGS  

75-50(1)    
The Insolvency Practice Rules may provide for and in relation to meetings of creditors.

75-50(2)    
Without limiting subsection (1) , the Insolvency Practice Rules may provide for and in relation to:

(a)    the circumstances in which meetings must or may be convened; and

(b)    notice for convening meetings; and

(c)    agenda; and

(d)    information to be given to creditors; and

(e)    who is to preside at meetings; and

(f)    the number of creditors required to constitute a quorum; and

(g)    proxies and attorneys; and

(h)    motions; and

(i)    voting (including casting votes); and

(j)    the circumstances in which a resolution or a special resolution must or may be put to creditors in a meeting; and

(k)    the circumstances in which a resolution or a special resolution put to creditors in a meeting is passed; and

(l)    facilities, including electronic communication facilities, to be available at meetings; and

(m)    minutes; and

(n)    costs in relation to meetings and security for those costs.