Commonwealth Consolidated Regulations

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INSOLVENCY PRACTICE RULES (BANKRUPTCY) 2016 - RULE 42.140

Advice relating to dividends and administration

    A registered trustee must, when distributing dividends to the creditors of a regulated debtor, advise creditors about whether:

  (a)   further dividends are expected to be distributed; or

  (b)   the administration is finalised.



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