Document ID: chunk:federal_register_of_legislation:C2025C00167:section:276
Version: federal_register_of_legislation:C2025C00167
Segment Type: section
Provision Reference: s 276
Character Range: 828797–829584

276  Trustee acting under a personal insolvency agreement that has been set aside
 (1) A person who acts as trustee under a personal insolvency agreement that has, to his or her knowledge, been set aside or been terminated is liable, on conviction by the Court or a court of summary jurisdiction, to a fine not exceeding $20 for each day on which he or she has so acted, not being a day on which his or her acting as a trustee was confined to taking such steps as were necessary for the protection of the property of the debtor.
 (2) It is a defence to proceedings brought under subsection (1) if the person alleged to have acted as trustee proves that his or her acting as a trustee was confined to taking such steps as were necessary for the protection of the property of the debtor.