Document ID: chunk:federal_register_of_legislation:C2025C00167:schedule:2:p3
Version: federal_register_of_legislation:C2025C00167
Segment Type: schedule
Provision Reference: sch 2 (pt 3/95)
Character Range: 869027–871750

trustee is to be subject to under subsection 20‑20(5) or (6), subject to any variation that a committee has decided should be made to the condition under section 20‑55;
 (b) a condition imposed on all registered trustees, or on registered trustees of the trustee's class, under section 20‑35;
 (c) a condition imposed under subsection 40‑15(2) (direction not to accept further appointments);
 (d) a condition that a committee decides that the registered trustee is to be subject to under paragraph 40‑55(1)(f) or (g) (conditions as a result of disciplinary action), subject to any variation that a committee has decided should be made to the condition under section 20‑55;
 (e) a condition imposed on the registered trustee by the Court under section 45‑1.
 (2) However, the current conditions imposed on a registered trustee do not include:
 (a) a condition that a committee has decided to remove under section 20‑55; or
 (b) a condition that is removed under subsection 40‑15(4) (condition removed because a direction not to accept further appointments has been withdrawn); or
 (c) a condition that the Court has ordered be removed under section 45‑1.

5‑15  Meaning of regulated debtor
  A person is a regulated debtor if the person is:
 (a) a bankrupt; or
 (b) a person whose property is subject to control under Division 2 of Part X; or
 (c) a debtor under a personal insolvency agreement; or
 (d) a deceased person whose estate is being administered under Part XI.

5‑16  Meaning of regulated debtor's estate
  An estate is a regulated debtor's estate if it is:
 (a) in relation to a bankrupt—the estate of the bankrupt, other than any estate of the bankrupt administered under Part XI because the bankrupt is a deceased person; and
 (b) in relation to a person whose property is subject to control under Division 2 of Part X—the estate of the person; and
 (c) in relation to a debtor under a personal insolvency agreement—the estate of the debtor; and
 (d) in relation to a deceased person whose estate is being administered under Part XI—the estate of the person being administered under that Part.

5‑20  Meaning of trustee of a regulated debtor's estate
  A person is the trustee of a regulated debtor's estate if the person is:
 (a) in relation to a bankrupt—the trustee of the bankrupt's estate; and
 (b) in relation to a person whose property is subject to control under Division 2 of Part X—the controlling trustee; and
 (c) in relation to a debtor under a personal insolvency agreement—the trustee of the agreement; and
 (d) in relation to a deceased person whose estate is being administered under Part XI—the trustee administering the estate under that Part.

5‑25  References to the trustee of a regulated