Commonwealth Consolidated Regulations

BANKRUPTCY REGULATIONS 1996 - REG 8.12

                For subsection 162 (6A) of the Act, a trustee must give the following notices to the bankrupt and creditors:

                (a)    a notice that includes the basis and the method on which the trustee seeks to be remunerated, and, if appropriate,
an estimate of the expected level of the trustee's remuneration;

               (b)    if the trustee claims remuneration calculated by reference to an hourly rate -- a notice that includes:

                          (i)    the type of work undertaken by the trustee and the trustee's staff; and

                         (ii)    the number of hours charged by each person; and

                         (iii)    the hourly rate charged for each person; and

                        (iv)    the total remuneration claimed;

                (c)    a notice advising the bankrupt and creditors of their right, within 28 days of receiving notice of a trustee's claim for remuneration, to request the claim be taxed.