Commonwealth Consolidated Regulations

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FEDERAL COURT (BANKRUPTCY) RULES 2016 - RULE 15.01

Transitional--release of trustee

  (1)   This rule applies if:

  (a)   an application referred to in paragraph   8.02(1)(b) is made after 1   September 2017 for the release of a trustee from the trusteeship of an estate; and

  (b)   because of item   143 of Schedule   1 to the Insolvency Law Reform Act 2016 , the trustee is required to keep accounts and records (the old accounts ) in relation to the estate in accordance with section   173 of the Bankruptcy Act (as that section was in force immediately before it was repealed by Schedule   1 to the Insolvency Law Reform Act 2016 ).

  (2)   In addition to the books referred to in paragraph   8.02(3)(b), a copy of the old accounts must be attached to the affidavit accompanying the application.


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