21
In forceDebtor’s petition—filing of trustee’s consent
Part 4Proceedings in connection with bankruptcy
Division 2Petitions
21 Debtor’s petition—filing of trustee’s consent
If:
(a)
a debtor presents, or 2 or more debtors present, a petition to the Official Receiver under section 55, 56B or 57 of the Act; and
(b)
there is in force under subsection 156A(1) of the Act an instrument of consent of a registered trustee to act as the trustee of:
(i)
the estate of the debtor; or
(ii)
in the case of 2 or more debtors—the separate estates, the joint estates, or the joint and separate estates, of the debtors or any of them;
the petition must include the original, or a clearly legible copy, of the instrument of consent.
This Act’s bill:Explanatory statement
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