Document ID: chunk:federal_register_of_legislation:C2025C00167:section:189a
Version: federal_register_of_legislation:C2025C00167
Segment Type: section
Provision Reference: s 189A
Character Range: 671145–672419

189A  Report and declaration by controlling trustee
 (1) The controlling trustee must prepare a report:
 (a) summarising and commenting on the information about the debtor's affairs that is available to the controlling trustee; and
 (b) stating whether the controlling trustee believes that the creditors' interests would be better served:
 (i) by accepting the debtor's proposal for dealing with his or her affairs under this Part; or
 (ii) by the bankruptcy of the debtor; and
 (c) naming each creditor who was identified as a related entity of the debtor in the debtor's statement of affairs.
 (2) The trustee must:
 (a) give a copy of the report to the Official Receiver and to each of the creditors; and
 (b) keep a copy of the report.

Declaration of relationships
 (3) The controlling trustee must make a written declaration stating whether the debtor is a related entity of:
 (a) the controlling trustee; or
 (b) a related entity of the controlling trustee.
 (4) The controlling trustee must:
 (a) give a copy of the declaration to the Official Receiver; and
 (b) give a copy of the declaration to each of the creditors at the same time as the controlling trustee gives a copy of the subsection (1) report to each creditor; and
 (c) keep a copy of the declaration.