Commonwealth Numbered Regulations

1996 No. 263 BANKRUPTCY REGULATIONS - REG 12.01

12.01. (1) Where a trustee pays moneys, under subsection 254 (2) of the Act,
into the Consolidated Revenue Fund, he or she must, at the time of payment,
give to the officer to whom the moneys are paid a statement setting out the
name and address of:

   (a)  the trustee; and

   (b)  the relevant bankrupt, debtor or (subject to subregulation (2))
        deceased person, as the case requires; and

   (c)  each person who, so far as the trustee is aware, is entitled to the
        moneys or any part of the moneys.

(2) For the purposes of paragraph (1) (b), where the relevant person is a
deceased person, the address to be stated is that person's address at the date
of his or her death.

(3) Where the Official Trustee or Official Receiver, or a registered trustee,
pays moneys, under subsection 254 (2A) of the Act, into the Consolidated
Revenue Fund, he or she must, at the time of payment give to the officer to
whom the moneys are paid a statement setting out the name and address of:

   (a)  the trustee; and

   (b)  each person who, so far as the Official Trustee, Official Receiver or
        registered trustee is aware, is entitled to the moneys or any part of
        the moneys.

(4) A registered trustee who gives a statement to an officer in accordance
with subregulation (1) or (3) must, within 7 days, give a copy of the
statement to the Official Receiver.

Penalty: 1 penalty unit [NOTE: For penalty units, see the Crimes Act 1914, s.
4AA. At the date of making these Regulations the amount of a penalty unit is
$100.]