Bankruptcy Act 1966

PART VIII - TRUSTEES  

[ CCH Note: Modification Declaration FRLI No F2021L00261 (FRLI No F2021L00261, registered on 19 March 2021 and effective from 1 April 2021.)

Part VIII of the Act is modified by inserting Division 1A before Division 1:

Division 1A - Interpretation

SECTION 154A INTERPRETATION  
154A
In this Part, in its application to Part X , a reference to a registered trustee includes a reference to a controlling trustee and a trustee of a personal insolvency agreement.

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Division 1 - Appointment and official name  

SECTION 159   VACANCY IN OFFICE OF TRUSTEE  

159(1)    
The creditors may, at a meeting of the creditors, fill any vacancy in the office of trustee.

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History

S 159(1) amended by No 119 of 1987, s 56.

159(2)    
An Official Receiver shall, on the requisition of a creditor, summon a meeting of creditors for the purpose of filling such a vacancy.

159(3)    
For the purposes of this section, an office of trustee shall be deemed to be vacant notwithstanding that it is for the time being filled by the Official Trustee by reason of the operation of section 160 .

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History

S 159(3) amended by No 12 of 1980, s 80.

159(4)    
The provisions of sections 157 and 158 apply, so far as they are capable of application, to and in relation to the appointment of a new trustee under this section.

[ CCH Note: Modification Declaration FRLI No F2021L00261 (FRLI No F2021L00261, registered on 19 March 2021 and effective from 1 April 2021.)

Section 159 of the Act is modified by repealing the section.]

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