60-10
CurrentRemuneration determinations—creditors or committee of inspection
Schedule 2Insolvency Practice Schedule (Bankruptcy)
Part 3General rules relating to estate administrations
Division 60Remuneration and other benefits received by the trustee
Subdivision BRemuneration of trustees
60-10 Remuneration determinations—creditors or committee of inspection
A determination, specifying remuneration that a trustee of a regulated debtor’s estate is entitled to receive for necessary work properly performed by the trustee in relation to the administration of the estate, may be made:
(a)
by resolution of the creditors; or
(b)
if there is a committee of inspection and a determination is not made under paragraph (a)—by the committee of inspection.
This Act’s bill:Second reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.