Commonwealth Numbered Regulations

1996 No. 263 BANKRUPTCY REGULATIONS - REG 16.15

16.15. (1) Where the Official Trustee:

   (a)  acts as trustee of the estate of a bankrupt or a deceased person in
        respect of whose estate an order for administration has been made
        under Part XI of the Act; or

   (b)  acts as controlling trustee, or as trustee as the result of a deed of
        assignment or deed of arrangement under Part X of the Act; a fee is
        payable to the Official Receiver by the Official Trustee, in
        accordance with subregulation (2), in respect of the estate:

   (c)  on the declaration of a dividend by the Official Trustee; or

   (d)  on the Official Trustee's ceasing to act as the trustee.

(2) The fee payable under subregulation (1) is a fee equal to the fee that
would be payable if:

   (a)  the Official Trustee had filed a statement under subsection 175 (1) of
        the Act of his or her receipts and payments in respect of the estate
        at the date of declaring the dividend or ceasing to act as trustee, as
        the case may be; and

   (b)  the prescribed amount in respect of the estate were an amount worked
        out in accordance with subregulation 16.14 (5).