Document ID: chunk:federal_register_of_legislation:F2022C00672:body:0:p18
Version: federal_register_of_legislation:F2022C00672
Segment Type: other
Provision Reference: 
Character Range: 45407–48206

to constitute a single document.

50‑70  Keeping records of decisions
  A Part 2 committee must keep a written record of its decisions.

50‑75  Inquiries by a Part 2 committee
 (1) A Part 2 committee considering a matter under Part 2 of the Insolvency Practice Schedule (Bankruptcy) may make inquiries of any person for the purposes of making a decision in relation to the matter.
 (2) Inquiries made must be inquiries:
 (a) that are reasonable, for the purpose of making an informed decision; or
 (b) that the Chair of the committee believes are appropriate in order for the committee to have sufficient information to make the decision.

50‑80  Interviewing applicants
 (1) This section applies if a Part 2 committee is required to interview an applicant under one of the following provisions of the Insolvency Practice Schedule (Bankruptcy):
 (a) paragraph 20‑20(2)(a) (application for registration as a trustee);
 (b) subsection 20‑55(2) (application to vary etc. conditions of registration);
 (c) subsection 40‑85(2) (application to lift or shorten a suspension).
 (2) The Chair of the committee must, after consultation with the other members of the committee:
 (a) fix a date and time for the interview; and
 (b) fix the manner of the interview (for example, how those communicating by electronic means are to do so); and
 (c) give written notice of the date, time and manner of the interview to the applicant and the other members of the committee.
 (3) A Part 2 committee must interview the applicant as soon as practicable and, for that purpose:
 (a) any member of the committee may participate in the interview by electronic means; and
 (b) the applicant may participate in the interview by electronic means.
 (4) At an interview, the committee may ask the applicant any question that the committee reasonably believes to be related to:
 (a) the application; or
 (b) a reference accompanying the application; or
 (c) any matter that is relevant to the committee's decision in relation to the application.

50‑85  Interviewing trustees—proposed cancellation of registration
 (1) This section applies if:
 (a) a Part 2 committee is convened under subsection 40‑45(1) of the Insolvency Practice Schedule (Bankruptcy); and
 (b) the committee is proposing to decide, under paragraph 40‑55(1)(c) of the Schedule, that the trustee's registration should be cancelled.
 (2) The Chair of the Part 2 committee must, after consultation with the other members of the committee:
 (a) fix a date and time to interview the trustee; and
 (b) fix the manner of the interview (for example, how those communicating by electronic means are to do so); and
 (c) give written notice of the date, time and manner of the interview to the trustee and the other members of the committee.
 (3) A Part 2 committee must