Document ID: chunk:federal_register_of_legislation:F2022C00672:body:0:p6
Version: federal_register_of_legislation:F2022C00672
Segment Type: other
Provision Reference: 
Character Range: 14274–17105

under the old Act; and
 (b) on the commencement of Schedule 1 to the Insolvency Law Reform Act 2016, the person was taken to be registered as a trustee under Subdivision B of Division 20 of the Insolvency Practice Schedule (Bankruptcy) because of the operation of item 105 of Schedule 1 to the Insolvency Law Reform Act 2016.

5‑15  Meaning of material personal interest
  Without limiting the circumstances in which a member of a Part 2 committee has a material personal interest that relates to a matter, a member of a Part 2 committee has a material personal interest that relates to a matter if the matter relates to a related entity of the member.

Part 2—Registering and disciplining practitioners

Division 15—Register of Trustees

15‑1  Register of Trustees
 (1) This section is made for the purposes of subsection 15‑1(3) of the Insolvency Practice Schedule (Bankruptcy).
 (2) The Register of Trustees must include each of the following for each person who is registered as a trustee:
 (a) the name of the person;
 (b) the date on which the person's current registration as a trustee first began;
 (c) the address of the principal place where the person practises as a registered trustee;
 (d) the address of each other place where the person practises as a registered trustee;
 (e) if the person practises as a registered trustee as a member of a firm or under a name or style other than the person's own name—the name of that firm or the name or style under which the person practises;
 (f) particulars of any disciplinary action taken against the person (other than a direction given under section 40‑5 of the Insolvency Practice Schedule (Bankruptcy));
 (g) a summary of the current conditions imposed on the person as a registered trustee.
 (3) The Inspector‑General may include other information on the Register of Trustees if it is relevant to:
 (a) the registration of a person as a trustee; or
 (b) a person's practice as a trustee.
 (4) The Inspector‑General must make the information included on the Register of Trustees under subsection (2) publicly available.
 (5) The Inspector‑General may make the information included on the Register of Trustees under subsection (3) publicly available.

Division 20—Registering trustees

20‑1  Qualifications, experience, knowledge and abilities required by applicants for registration
 (1) This section is made for the purposes of paragraph 20‑20(4)(a) of the Insolvency Practice Schedule (Bankruptcy).
 (2) A committee to which an application for registration as a trustee is referred under section 20‑15 of the Insolvency Practice Schedule (Bankruptcy) must be satisfied that the applicant has each of the following qualifications, experience, knowledge and abilities:
 (a) the applicant has completed the academic requirements for the award of a tertiary qualification