Vacancy in position of trustee—Official Trustee to act
160 Vacancy in position of trustee—Official Trustee to act
If at any time there is no controlling trustee in relation to a debtor, or no trustee of a personal insolvency agreement under Part X, the Official Trustee is to act as the trustee.
23 After subsection 161(1)
Insert:
This section does not apply in relation to a trustee of a personal insolvency agreement.
24 Section 180
Omit “trustee of an estate”, substitute “trustee, other than controlling trustee, under Part X”.
25 Subsection 181A(1)
Repeal the subsection, substitute:
The current controlling trustee or the current trustee of a personal insolvency agreement may, with the written consent of another trustee (either a registered trustee or the Official Trustee), nominate the other trustee as the new trustee.
26 Subsection 181A(4)
Repeal the subsection, substitute:
If no creditor lodges a written notice of objection with the current trustee at least 2 days before the specified date, the new trustee replaces the current trustee on the date specified in the notice.
Part 3—Modifications of Division 1 of Part V of the Act—debtors whose property is subject to control under Division 2 of Part X of the Act
See section 64.
Bankruptcy Act 1966
27 Section 77F
Repeal the section, substitute:
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