Commonwealth Consolidated Acts

BANKRUPTCY ACT 1966 - SECT 161B

             (1)  If the total remuneration payable to the trustee under section 162 would be less than $1,109 (the statutory minimum ), the trustee is entitled to be paid additional remuneration equal to the shortfall.

          (1A)  The statutory minimum (as affected by section 304A) is increased by 8.4% if the trustee's remuneration is consideration for a taxable supply (within the meaning of the A New Tax System (Goods and Services Tax) Act 1999 ).

             (2)  If there are insufficient funds in the bankrupt's estate to pay the trustee the amount (if any) payable under subsection (1), the trustee may recover that amount from the person who is or was the bankrupt as a debt due to the trustee by action in a court of competent jurisdiction.

             (3)  This section has effect subject to section 304A.