Registered trustee’s consent to act
14.05 Registered trustee’s consent to act
If an application is made for an order:
under article 19 or 21 of the Model Law to entrust the administration or realisation of all or part of the debtor’s assets to a person designated by the Court (other than the foreign representative); or
under article 21 to entrust the distribution of all or part of the debtor’s assets to a person designated by the Court (other than the foreign representative);
then, unless the Court otherwise orders, the person must:
be a registered trustee; and
have filed a Consent to Act, in accordance with Form B19, that specifies an address for service for the person within Australia.
Registered trustee is defined in subsection 5(1) of the Bankruptcy Act.
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.