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COMMONWEALTHRegulation
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s 154A

Interpretation

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Schedule 1Forms
Division 1AInterpretation

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:

(1)

If:

(a)

the Official Trustee is:

(i)

under section 188 or 192, the controlling trustee in relation to a debtor; or

(ii)

under Part X, the trustee of a personal insolvency agreement; and

(b)

the creditors wish to appoint, in place of the Official Trustee:

(i)

a registered trustee or a solicitor as the controlling trustee; or

(ii)

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:

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