Commonwealth Numbered Regulations

1997 No. 76 BANKRUPTCY REGULATIONS (AMENDMENT) - REG 28

28.1 Subregulation 16.07 (3): After paragraph (a), insert:

"(aa) performs work under Division 6 of Part IV of the Act; or".

28.2 Subregulation 16.07 (3):
Omit "out of the estate".

28.3 Regulation 16.07: After subregulation 16.07 (3), insert:

"(3A) A fee payable under subregulation (3) is payable:

   (a)  where paragraph (3) (aa) applies - out of the amount realised (within
        the meaning of that expression set out in subregulation (4) as
        modified by subregulations (5) and (6)) under Division 6 of Part IV of
        the Act; or

   (b)  in any other case - out of the estate.".

28.4 Subregulation 16.07 (8): Omit "exercising control of the property,",
substitute "performing any of those functions,".