Document ID: chunk:federal_register_of_legislation:F2022C00672:body:0:p39
Version: federal_register_of_legislation:F2022C00672
Segment Type: other
Provision Reference: 
Character Range: 98148–100692

debt
  A trustee must ensure that each creditor's claim or proof of debt in relation to an administration bears evidence of:
 (a) its admission or rejection; and
 (b) the reason for its admission or rejection; and
 (c) the amount for which the claim or proof of debt has been admitted.

75‑95  Evidence of liability for debt
 (1) If necessary, a trustee must ask a creditor to give evidence in writing in relation to a debt claimed by the creditor:
 (a) to establish the liability of a regulated debtor for the debt; or
 (b) to identify the estate against which the claim should be admitted.
 (2) If the trustee considers that the evidence is insufficient for the purposes of paragraph (1)(a) or (b), the trustee, before asking for further information, must have regard to the expected dividend rate and the materiality of the issue requiring clarification.
 (3) A trustee must keep a copy of any evidence or information relied on in deciding, for the purposes of voting or distributing dividends, whether to accept or reject a creditor's claim.

75‑100  Decisions in relation to entitlement to vote at creditors' meeting
 (1) The trustee may determine any question that arises as to the entitlement of a person to vote.
 (2) In deciding whether a creditor is entitled to vote at a meeting of creditors, a trustee must:
 (a) have regard to the merits of the creditor's claim; and
 (b) act impartially and independently, without regard to the regulated debtor's wishes.
 (3) If the trustee needs a period in which to determine the entitlement of a creditor to vote, the meeting is to be adjourned to such time, date and place as the meeting resolves for the purpose of enabling the trustee to determine the question.
 (4) The date must not be later than 10 business days after the date of the original meeting.

75‑105  Quorum
 (1) A quorum consists of:
 (a) the trustee present in person; and
 (b) one person entitled to vote present in person; and
 (c) if the number of persons entitled to vote is 2 or more—one or more other persons entitled to vote present in person or by proxy or attorney.
 (3) If a quorum is not present within 30 minutes after the time appointed for a meeting, the meeting is adjourned:
 (a) to the same day in the next week at the same time and place; or
 (b) to the day (not being less than 5 or more than 15 business days after the day on which the meeting is adjourned) and at the time and place that the person presiding appoints.
 (4) The trustee must give notice of the adjournment by the end of the next business