Bankruptcy Amendment Regulations 2004 (No. 1) (256 of 2004)
Schedule 1 Amendments (regulation 3)
5 Part 8, Division 6, after Subdivision 4
insert
Subdivision 4A Standards for trustees
8.34A Performance standards for trustees (including controlling trustees)
(1) For subsection 155H (5) of the Act, the standards applicable to the exercise of powers, or the carrying out of duties, of registered trustees are set out in Schedule 4A.
(2) For subsection 188 (2A) of the Act, the standards in Parts 1, 2 and 5 of Schedule 4A also apply to a solicitor who is a controlling trustee.
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