75-20
In forceTrustee must convene meeting if required by the Inspector‑General
Schedule 2Insolvency Practice Schedule (Bankruptcy)
Part 3General rules relating to estate administrations
Division 75Meetings of creditors
75-20 Trustee must convene meeting if required by the Inspector‑General
(1)
The Inspector‑General may, in writing, direct the trustee of a regulated debtor’s estate to convene a meeting of the creditors.
(2)
The Inspector‑General may include in the direction requirements to be complied with by the trustee in notifying the creditors of the meeting and in conducting the meeting.
(3)
The trustee must comply with a direction given under subsection (1), and any requirements included in the direction under subsection (2).
(4)
A direction given under subsection (1) is not a legislative instrument.
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