Section 139ZIO — Bankruptcy Act 1966: Inspector-General may review trustee’s decision
Text of the provision Official document
Reviewable decisions (1) The Inspector-General may review a reviewable decision: (a) on the Inspector-General’s own initiative; or (b) if requested to do so by the bankrupt for reasons that appear to the Inspector-General to be sufficient to justify doing so. (2) Subject to subsection (2A), the Inspector-General must review a reviewable decision if requested to do so by the Ombudsman. Interaction with Insolvency Practice Rules (2A) The Inspector-General may refuse to review a reviewable decision if the Court is exercising powers, under section 45-1, 90-5, 90-10 or 90-15 of Schedule 2, in relation to the decision. (2B) If: (a) the Inspector-General is reviewing a reviewable decision; and (b) the Court begins to exercise powers, under section 45-1, 90-5, 90-10 or 90-15 of Schedule 2, in relation to the decision; the period referred to in subsection (5) of this section is extended by one day for each day during the period: (c) beginning when the Court begins to exercise powers as referred to in paragraph (b); and (d) ending when the Court ceases to exercise those powers. Request by bankrupt (3) A request by the bankrupt to the Inspector-General for the review of a reviewable decision must: (a) be in writing and given to the Inspector-General not later than 60 days after the day on which the decision first came to the notice of the bankrupt; and (b) be accompanied by: (i) a copy of any relevant documents issued or given by the trustee under this Subdivision; and (ii) any other documents on which the bankrupt relies in support of the request. Time limit for review (5) Within 60 days after the request is received, the Inspector-General must: (a) decide whether to review the decision; and (b) if the Inspector-General decides to review the decision—make his or her decision on the review.
Official source: Federal Register of Legislation
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