Commonwealth Numbered Regulations

1997 No. 76 BANKRUPTCY REGULATIONS (AMENDMENT) - REG 32

32.1 Subregulation 16.14 (1): Omit the subregulation, substitute:

"(1) Subject to subregulation 16.15 (1), a trustee (other than the Official
Trustee) who pays an interim or final dividend in respect of an estate or a
debtor must pay to the Official Receiver the appropriate fee in accordance
with this regulation.

"(1A) Subject to subregulation 16.15 (2), where the Official Trustee:

   (a)  acts as trustee of the estate of a bankrupt or a deceased person in
        respect of whose estate an order for administration has been made
        under Part XI of the Act; or

   (b)  acts as controlling trustee, or as trustee as the result of a deed of
        assignment or deed of arrangement under Part X of the Act; a fee is
        payable to the Official Receiver by the Official Trustee, in
        accordance with this regulation, in respect of the estate:

   (c)  on the declaration of a dividend by the Official Trustee; or

   (d)  on the Official Trustee's ceasing to act as the trustee of the estate
        or debtor.".

32.2 Paragraph 16.14 (3) (a): After "amount;", add "or".

32.3 Paragraph 16.14 (3) (e): Omit "regulation 16.08.", substitute "this
regulation.".

32.4 Subregulation 16.14 (4): After "his", insert "or her".