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StatuteBankruptcy Act 1966

Section 190A — Bankruptcy Act 1966: Additional duties of controlling trustee

Text of the provision Official document

The duties of the controlling trustee include the following: (a) notifying the debtor’s creditors of the giving by the debtor of an authority under section 188; (c) taking whatever action is practicable to try to ensure that the debtor discharges all of the debtor’s duties under this Act; (d) considering whether the debtor has committed an offence against this Act; (e) referring to the Inspector-General or to relevant law enforcement authorities any evidence of an offence by the debtor against this Act; (f) making appropriate inquiries and investigations in connection with the debtor’s property and examinable affairs; (g) disclosing to creditors any material personal interests held by the trustee that could conflict with the proper exercise of his or her powers or the proper performance of his or her functions; (h) exercising powers and performing functions in a commercially sound way; (i) exercising powers and performing functions in an impartial and independent manner; (j) the duties imposed on the controlling trustee under Schedule 2.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.