Document ID: chunk:federal_register_of_legislation:C2025C00167:section:19
Version: federal_register_of_legislation:C2025C00167
Segment Type: section
Provision Reference: s 19
Character Range: 109869–111312

19  Duties etc. of trustee
 (1) The duties of the trustee of the estate of a bankrupt include the following:
 (a) notifying the bankrupt's creditors of the bankruptcy;
 (b) determining whether the estate includes property that can be realised to pay a dividend to creditors;
 (c) reporting to creditors within 3 months of the date of the bankruptcy on the likelihood of creditors receiving a dividend before the end of the bankruptcy;
 (e) determining whether the bankrupt has made a transfer of property that is void against the trustee;
 (f) taking appropriate steps to recover property for the benefit of the estate;
 (g) taking whatever action is practicable to try to ensure that the bankrupt discharges all of the bankrupt's duties under this Act;
 (h) considering whether the bankrupt has committed an offence against this Act;
 (i) referring to the Inspector‑General or to relevant law enforcement authorities any evidence of an offence by the bankrupt against this Act;
 (j) administering the estate as efficiently as possible by avoiding unnecessary expense;
 (k) exercising powers and performing functions in a commercially sound way;
 (l) the duties imposed on the trustee under Schedule 2.
 (2) Where a person who became a bankrupt on a creditor's petition is unable to prepare a proper statement of affairs, the trustee may employ, at the expense of the estate, a qualified person to assist in the preparation of the statement.