Bankruptcy Act 1966

PART VIII - TRUSTEES  

Division 2 - Remuneration and costs of the Official Trustee and Official Receiver  

SECTION 163   REMUNERATION OF THE OFFICIAL TRUSTEE  

163(1)   [As prescribed]  

The Official Trustee is to be remunerated as determined by the Minister by legislative instrument.

163(2)   [Remuneration to be paid to the Commonwealth]  

An amount equal to each amount of remuneration received by the Official Trustee shall be paid to the Commonwealth.

Note:

The remuneration may be in respect of work the Official Trustee does as trustee of the estate of a bankrupt or in respect of work done in any other situation under this Act (such as where the Official Trustee acts as a trustee as a result of a personal insolvency agreement).


 

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