Commonwealth Consolidated Regulations

INSOLVENCY PRACTICE RULES (BANKRUPTCY) 2016 - RULE 42.40

    A registered trustee in relation to an administration must realise only those assets:

  (a)   that will give a cost - effective return to creditors; or

  (b)   that contribute to the payment of the costs of the administration; or

  (c)   that may be realised in accordance with a personal insolvency agreement.