Insolvency Law Reform Act 2016 (11 of 2016)

Schedule 1   Amendments relating to the Insolvency Practice Schedule (Bankruptcy)

Part 3   Transition to the Insolvency Practice Schedule (Bankruptcy)

Division 2   Application of Part 2 of the Insolvency Practice Schedule (Bankruptcy) and related consequential amendments

Subdivision A   Registering trustee

103   Applications for registration under the old Act

(1) If, before the commencement day:

(a) a person has applied for registration as a trustee under section 154A of the old Act; and

(b) the person's application has not been refused; and

(c) the person is not registered as a trustee;

the application is taken never to have been made and the Inspector-General must, on behalf of the Commonwealth, refund to the person an amount equal to the fee paid in relation to the application.

(2) A person is registered as a trustee at a particular time if the person is registered as a trustee under the National Personal Insolvency Index at that time.