Commonwealth Consolidated Acts(1) The trustee must convene a meeting of the creditors of a bankrupt:
(a) whenever the creditors so direct by resolution; and
(b) whenever so requested in writing by at least one‑fourth in value of the creditors; and
(c) whenever so requested in writing by less than one‑fourth in value of the creditors, being a creditor who has, or creditors who together have, lodged with the trustee sufficient security for the cost of holding the meeting.
(2) The trustee may convene at any time a meeting of the creditors of a bankrupt.
(3) When convening a meeting, the trustee must consider whether the proposed time and place is convenient for the creditors.
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