Commonwealth Consolidated Regulations

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INSOLVENCY PRACTICE RULES (BANKRUPTCY) 2016 - RULE 42.135

Distribution of estate funds

    A registered trustee must distribute estate funds in a timely manner, having regard to:

  (a)   the complexity of the administration and the claims of creditors; and

  (b)   the amount of funds available for distribution; and

  (c)   the need to retain funds in the estate to meet existing or expected commitments.



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