Bankruptcy Regulations 2021

PART 4 - PROCEEDINGS IN CONNECTION WITH BANKRUPTCY  

Division 2 - Petitions  

SECTION 14   CONTROL OF DEBTOR ' S PROPERTY BEFORE SEQUESTRATION  

14(1)    
If the Court gives a direction, or makes another order, under subsection 50(1) of the Act in relation to a debtor, the creditor who applied under subsection 50(1A) of the Act for the Court to make a direction must:

(a)    serve the documents specified in subsection (2) of this section on both of the following:


(i) the trustee who the Court has directed to take control of the debtor ' s property;

(ii) the Official Receiver; and

(b)    do so within 2 business days after the Court gives the direction or makes the order as the case may be.

Note:

A direction under subsection 50(1) of the Act may be given to the Official Trustee or a registered trustee.


14(2)    
The following documents are specified:

(a)    a copy of the application;

(b)    a copy of any affidavit filed in support of the application;

(c)    a certified copy of the direction or order as the case may be.


 

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