Bankruptcy Regulations 2021

The Official Trustee’s entitlement to remuneration under the Fees and Remuneration Determination arises when the Official Trustee:

performs work or first acts in accordance with section 3.03, 3.04, 3.07 or 3.08 of the Fees and Remuneration Determination; or

is appointed as described in section 3.06 of the Fees and Remuneration Determination; or

first acts in accordance with subsection 3.09(1) of the Fees and Remuneration Determination; or

performs work as described in subsection 3.09(2) or section 3.10 of the Fees and Remuneration Determination.

For paragraph (1)(a), (b) or (d), remuneration is payable to the Official Trustee in respect of an amount received by the Official Trustee:

when the amount is received; and

at the rate applicable when the amount is received.

For paragraph (1)(c), remuneration is payable to the Official Trustee:

from time to time as the funds are realised; and

at the rate applicable when the funds are realised.