Commonwealth Consolidated Regulations

BANKRUPTCY REGULATIONS 1996 - REG 4.09

                For the purposes of subsection 50 (5) of the Act, section 81 of the Act is modified as follows:

                (a)    by omitting from subsection (2) 'An' and substituting 'Subject to subsection (2A), an';

               (b)    by inserting after subsection (2) the following subsection:

                     '(2A)    The Court or a magistrate may direct that an examination, or any part of an examination, under this section shall be held in private.';

                (c)    by omitting from subsection (9) 'is the trustee' and substituting 'has been directed to take control of the property of the debtor';

               (d)    by omitting subsection (10A);

                (e)    by omitting subsection (14) and substituting the following subsections:

                      '(14)    Subject to subsection (14A), the applicant for an examination under this section is to pay the costs incurred in connection with the examination.

                   '(14A)    The Court or a magistrate may order that all or some of the costs mentioned in subsection (14) are to be paid by the debtor.'.