Commonwealth Consolidated Acts

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BANKRUPTCY ACT 1966 - SECT 155

Processing of an application

             (1)  After receiving a properly made application, the Inspector-General must convene a committee to consider the application.

             (2)  The committee must consist of:

                     (a)  the Inspector-General; and

                     (b)  an APS employee; and

                     (c)  a registered trustee chosen by the Insolvency Practitioners' Association of Australia (A.C.N. 002 472 362).

             (3)  The committee must consider the application and interview the applicant.

Note:          The regulations may provide for the way in which the committee must do its work: see section 315.



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