Commonwealth Numbered Regulations

BANKRUPTCY REGULATIONS 2021 (F2021L00261) - REG 46

             (1)  This section applies if:

                     (a)  a registered trustee of a bankrupt's estate files a notice of objection under section 149B of the Act; and

                     (b)  the Inspector-General, under section 149K of the Act, decides to either:

                              (i)  review the trustee's decision to make the objection; or

                             (ii)  refuse to review the trustee's decision to make the objection; and

                     (c)  an application is made to the Administrative Appeals Tribunal under section 149Q of the Act for the review of the decision of the Inspector-General; and

                     (d)  the Tribunal varies or sets aside the Inspector-General's decision.

             (2)  The Inspector-General must:

                     (a)  give the Official Receiver written notice of the Tribunal's decision; and

                     (b)  do so within 2 business days after being notified of the Tribunal's decision.