Commonwealth Numbered Acts

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BANKRUPTCY AMENDMENT ACT 1987 No. 119 of 1987 - SECT 58

Control of creditors over trustees
58. (1) Section 177 of the Principal Act is amended:
(a) by omitting from subsection (1) "general meeting" and substituting

"meeting of the creditors"; and

   (b)  by omitting subsections (2) and (3).

(2) Notwithstanding subsection (1), subsections 177 (2) and (3) of the
Principal Act continue to apply in relation to a bankrupt in respect of a
bankruptcy if the date of the bankruptcy occurred before the commencement of
this section. 

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