Bankruptcy Act 1966
Note: See section 4A .
PART 4 - OTHER MATTERS Division 100 - Other matters SECTION 100-5 TRUSTEE MAY ASSIGN RIGHT TO SUE UNDER THIS ACT 100-5(1)Subject to subsections (2) and (3) , the trustee of a regulated debtor ' s estate may assign any right to sue that is conferred on the trustee by this Act.
100-5(2)
If the trustee ' s action has already begun, the trustee cannot assign the right to sue unless the trustee has the approval of the Court.
100-5(3)
Before assigning any right under subsection (1) , the trustee must give written notice to the creditors of the proposed assignment.
100-5(4)
If a right is assigned under this section, a reference in this Act to the trustee in relation to the action is taken to be a reference to the person to whom the right has been assigned.
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