Application to vary etc. conditions of registration
20-40 Application to vary etc. conditions of registration
If a committee has decided under this Schedule that a person’s registration as a trustee is to be subject to a condition, the person may apply to the Inspector‑General for the condition to be varied or removed.
However, an application cannot be made:
if the person’s registration as a trustee is suspended; or
if the condition is of a prescribed kind; or
The application must be lodged with the Inspector‑General in the approved form.
The application is properly made if:
an application can be made; and
subsection (3) is complied with.
A single application by a registered trustee may deal with more than one condition.
This provision refers to the regulations (prescribed circumstances
). Made under this Act:
- Bankruptcy Regulations 2021 · under s 315
This Act’s bill:Second reading speech
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