Commonwealth Numbered Regulations

FEDERAL COURT (BANKRUPTCY) RULES 2016 (F2016L00386) - RULE 14.05

                   If an application is made for an order:

                     (a)  under article 19 or 21 of the Model Law to entrust the administration or realisation of all or part of the debtor's assets to a person designated by the Court (other than the foreign representative); or

                     (b)  under article 21 to entrust the distribution of all or part of the debtor's assets to a person designated by the Court (other than the foreign representative);

then, unless the Court otherwise orders, the person must:

                     (c)  be a registered trustee; and

                     (d)  have filed a Consent to Act, in accordance with Form B19, that specifies an address for service for the person within Australia.

Note:          Registered trustee is defined in subsection 5(1) of the Bankruptcy Act.