Commonwealth Numbered Regulations

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BANKRUPTCY AMENDMENT REGULATIONS 2000 (NO. 1) 2000 NO. 140 - SCHEDULE 1

Amendments

(regulation 3)

[1] Regulation 1.01

substitute

1.01 Name of Regulations
These Regulations are the Bankruptcy Regulations 1996 .

[2] Subregulation 16.07 (9), note

omit

[3] After subregulation 16.07 (9)

insert

(10)
The amount of a fee mentioned in subregulation (1), (2), (3), (7) or (8) that would, apart from this provision, be payable, is increased in accordance with the following steps:

Step 1


Work out the amount of the fee in accordance with the options in the applicable subregulation


Step 2


Add an amount equal to 8.4% of the result of Step 1.


The result is the price of the taxable supply within the meaning of A New Tax System (Goods and Services Tax) Act 1999 .

Note
See also regulation 8.12 (prescribed remuneration of the Official Trustee).

[4] After subregulation 16.12 (4)

insert

(5)
The amount of a fee mentioned in subregulation (2) that would, apart from this provision, be payable, is increased in accordance with the following steps:

Step 1


Work out the amount of the fee in accordance with the options in the applicable subregulation


Step 2


Add an amount equal to 8.4% of the result of Step 1.


The result is the price of the taxable supply within the meaning of A New Tax System (Goods and Services Tax) Act 1999 .



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