Document ID: chunk:federal_register_of_legislation:C2016A00011:clause:2_107
Version: federal_register_of_legislation:C2016A00011
Segment Type: clause
Provision Reference: sch 2 cl 107
Character Range: 176931–177643

107  Period of old Act registrant's registration under the Insolvency Practice Schedule (Bankruptcy)
(1) The registration of an old Act registrant under the Insolvency Practice Schedule (Bankruptcy) is for a period ending 3 years after the old Act registration day for that person.
(2) The old Act registration day in relation to a person who was registered as a trustee immediately before the commencement day is the day on which:
 (a) that registration began; or
 (b) the most recent extension of that registration began;
whichever is the later.
(3) To avoid doubt, the registration of an old Act registrant under the Insolvency Practice Schedule (Bankruptcy) may be renewed in accordance with that Schedule.