Commonwealth Consolidated Acts

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BANKRUPTCY ACT 1966 - SECT 139ZIO

Inspector-General may review trustee's decision

Reviewable decisions

             (1)  The Inspector-General may review a reviewable decision:

                     (a)  on the Inspector-General's own initiative; or

                     (b)  if requested to do so by the bankrupt for reasons that appear to the Inspector-General to be sufficient to justify doing so.

             (2)  Subject to subsection (2A), the Inspector-General must review a reviewable decision if requested to do so by the Ombudsman.

Interaction with Insolvency Practice Rules

          (2A)  The Inspector-General may refuse to review a reviewable decision if the Court is exercising powers, under section 45- 1, 90- 5, 90- 10 or 90- 15 of Schedule 2, in relation to the decision.

          (2B)  If:

                     (a)  the Inspector-General is reviewing a reviewable decision; and

                     (b)  the Court begins to exercise powers, under section 45- 1, 90- 5, 90- 10 or 90- 15 of Schedule 2, in relation to the decision;

the period referred to in subsection (5) of this section is extended by one day for each day during the period:

                     (c)  beginning when the Court begins to exercise powers as referred to in paragraph (b); and

                     (d)  ending when the Court ceases to exercise those powers.

Request by bankrupt

             (3)  A request by the bankrupt to the Inspector-General for the review of a reviewable decision must:

                     (a)  be in writing and given to the Inspector-General not later than 60 days after the day on which the decision first came to the notice of the bankrupt; and

                     (b)  be accompanied by:

                              (i)  a copy of any relevant documents issued or given by the trustee under this Subdivision; and

                             (ii)  any other documents on which the bankrupt relies in support of the request.

Time limit for review

             (5)  Within 60 days after the request is received, the Inspector-General must:

                     (a)  decide whether to review the decision; and

                     (b)  if the Inspector-General decides to review the decision--make his or her decision on the review.



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