Bankruptcy Act 1966

SCHEDULE 2 - INSOLVENCY PRACTICE SCHEDULE (BANKRUPTCY)  

Note: See section 4A .

PART 3 - GENERAL RULES RELATING TO ESTATE ADMINISTRATIONS  

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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 70 - Information  

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History

Div 70 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 C - Record-keeping  

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History

Subdiv C 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 70-20   AUDIT OF ADMINISTRATION BOOKS - ON ORDER OF THE COURT  

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70-20(1)    
The Court may order that the Inspector-General audit, or cause to be audited, the books referred to in section 70-5 (annual administration return), 70-10 (administration books) or 70-11 (books when trading).

70-20(2)    
The order may be made on application of any person with a financial interest in the administration of the regulated debtor ' s estate.

70-20(3)    
The Court may make such orders in relation to the audit as it thinks fit, including:

(a)    the preparation and provision of a report on the audit; and

(b)    orders as to the costs of the audit.

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History

S 70-20 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.

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