Commonwealth Numbered Regulations

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BANKRUPTCY REGULATIONS 2021 (F2021L00261) - REG 17

Prescribed modifications of applied provisions

                   For the purposes of subsection 50(5) of the Act, section 81 of the Act is modified as follows:

                     (a)  by omitting from subsection (2) "An" and substituting "Subject to subsection (2A), an";

                     (b)  by inserting after subsection (2) the following subsection:

                        "(2A)  The Court or a magistrate may direct that an examination, or any part of an examination, under this section shall be held in private.";

                     (c)  by omitting from subsection (9) "is the trustee" and substituting "has been directed to take control of the property of the relevant person";

                     (d)  by omitting subsection (10A);

                     (e)  by omitting subsection (14) and substituting the following subsections:

                         "(14)  Subject to subsection (14A), the applicant for an examination under this section is to pay the costs incurred in connection with the examination.

                        (14A)  The Court or a magistrate may order that all or some of the costs mentioned in subsection (14) are to be paid by the relevant person.".



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