Indemnities for trustees and liquidators

What trustees and liquidators need to consider when making an indemnity request to the Deputy Commissioner of Taxation.

Last updated 14 May 2020

This information provides a general guide for company liquidators and bankruptcy trustees for making an indemnity request to the Deputy Commissioner of Taxation (DCT).

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Requirements for indemnity requests

All indemnity requests from insolvency practitioners must comply with the minimum standard.

Checklist to assist insolvency practitioners

Indemnity checklist to assist insolvency practitioners prepare indemnity requests.

Legal and policy obligations

Information on the range of legal obligations and government policies in relation to indemnities.

Engaging solicitors and legal counsel and negotiating rates

Information for insolvency practitioners on engaging solicitors and legal counsel and negotiating the best rates.

Deed of Indemnity

Information for insolvency practitioners on drafting and executing a Deed of Indemnity once it has been approved.

Repayment of indemnity

Information regarding the repayments of indemnity in relation to the Corporations Act 2001 and the Bankruptcy Act 1966.

Rejection of indemnity

The DCT will write to insolvency practitioners when an indemnity request that meets minimum standards is rejected.

Contacting us with questions about indemnity requests

If you have questions about indemnity requests, you can contact us with your enquiry.

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