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s 4.07

Notification and entry of sequestration order

In force
Part 4Creditors’ petitions

4.07 Notification and entry of sequestration order

(1)

A sequestration order must be in accordance with Form B7.

(2)

If the Court makes a sequestration order against the estate of a debtor, the applicant creditor must:

(a)

on the day the order is made, notify the trustee, in writing, of his or her appointment; and

(b)

within 2 days after the order is made, give a copy of the sequestration order to any person who has, in accordance with section 156A of the Bankruptcy Act, consented to act as the trustee of the debtor’s estate.

Note:

The applicant creditor must also give a copy of the order to the Official Receiver before the end of the period of 2 days beginning on the day the order was made: see subsection 52(1A) of the Bankruptcy Act.

(3)

If the order is not entered in accordance with Division 39.4 of the Federal Court Rules 2011 at the time the order is made, the applicant creditor must, as soon as practicable, request entry of the order in accordance with that Division.

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