Commonwealth Consolidated Acts

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BANKRUPTCY ACT 1966 - SECT 223

Calling of meetings after the first meeting

             (1)  The controlling trustee or the trustee of a personal insolvency agreement:

                     (a)  may call such meetings of the creditors as he or she considers necessary or desirable for the purposes of this Part; and

                     (b) shall call meetings of the creditors at such times as the creditors, by resolution, direct and whenever requested in writing to call such a meeting by not less than one-fourth in value of the creditors.

             (3)  If, at any time, there is no trustee of a personal insolvency agreement, any creditor or the debtor may call a meeting of creditors (other than the meeting referred to in section 194) for the purposes of appointing a trustee of the agreement.



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