Document ID: chunk:federal_register_of_legislation:C2025C00185:section:553d
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 553D
Character Range: 1863985–1864581

553D  Debts or claims may be proved formally or informally
 (1) A debt or claim must be proved formally if the liquidator, in accordance with the regulations, requires it to be proved formally.
 (2) A debt or claim that is not required to be proved formally:
 (a) may be proved formally; or
 (b) may be proved in some other way, subject to compliance with the requirements of the regulations (if any) relating to the informal proof of debts and claims.
 (3) A debt or claim is proved formally if it satisfies the requirements of the regulations relating to the formal proof of debts and claims.