Commonwealth Consolidated Regulations

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BANKRUPTCY REGULATIONS 1996 - REG 8.05G

Convening of a replacement committee

         (1)   This regulation applies if:

                (a)    either of the following events occurs:

                          (i)    a member of a committee resigns or dies;

                         (ii)    the appointment of a member of a committee is terminated under regulation 8.05F; and

               (b)    at the time of that occurrence, the committee has not made a decision under subsection 155A (1) of the Act.

         (2)   If this regulation applies:

                (a)    the Inspector‑General must convene another committee (the new committee ) in place of the committee referred to in subregulation (1) (the previous committee ); and

               (b)    the new committee must not have regard to any proceedings of the previous committee.



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