Document ID: chunk:federal_register_of_legislation:C2016A00011:clause:2_110
Version: federal_register_of_legislation:C2016A00011
Segment Type: clause
Provision Reference: sch 2 cl 110
Character Range: 178692–179506

110  Applications for change of conditions under the old Act
If:
 (a) a condition applies to an old Act registrant's practice as a registered trustee under section 155A, 155F or 155I of the old Act; and
 (b) the old Act registrant has applied for the condition to be changed or removed under section 155E of the old Act before the commencement day; and
 (c) a decision on the application has not been made before the commencement day under section 155F of the old Act;
the application is taken never to have been made and the Inspector‑General must, on behalf of the Commonwealth, refund to the person an amount equal to the fee paid in relation to the application.
Note: The trustee could then apply under section 20‑40 of the Insolvency Practice Schedule (Bankruptcy) for the condition to be varied or removed.