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 5   Application of other consequential amendments

175   Information about accounts and account-freezing

(1) This item applies if, before the commencement day, the Inspector-General has asked a person under subsection 155H(1) of the Bankruptcy Act 1966 to give a written explanation why the person should continue to be registered as a trustee.

(2) Sections 186LA and 186LB of the old Act continue to apply on and after the commencement day in relation to the bank with which the person holds or held an account as if the amendments to those sections made by this Schedule had not been made.