Interpretation
154A Interpretation
In this Part, in its application to Part X, a reference to a registered trustee includes a reference to a controlling trustee and a trustee of a personal insolvency agreement.
18 Section 156A
Repeal the section.
19 Subsection 157(1)
Repeal the subsection, substitute:
If:
the Official Trustee is:
under section 188 or 192, the controlling trustee in relation to a debtor; or
under Part X, the trustee of a personal insolvency agreement; and
the creditors wish to appoint, in place of the Official Trustee:
a registered trustee or a solicitor as the controlling trustee; or
a registered trustee as the trustee of the personal insolvency agreement;
the creditors may do so by resolution at a meeting of creditors.
20 Section 158
Repeal the section, substitute:
This Act’s bill:Explanatory statement
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