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

104   Applications for extension of registration under the old Act

(1) This item applies if, before the commencement day:

(a) a person has applied for his or her registration as a trustee to be extended under section 155D of the old Act; and

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

(c) the person's registration as a trustee has not been extended.

(2) Section 155D of the old Act continues to apply in relation to the application as if that section had not been repealed by this Schedule.

(3) However, instead of extending the person's registration under the old Act, the Inspector-General must renew the registration of the person as a trustee under the Insolvency Practice Schedule (Bankruptcy).