Document ID: chunk:federal_register_of_legislation:C2025C00167:schedule:2:p35
Version: federal_register_of_legislation:C2025C00167
Segment Type: schedule
Provision Reference: sch 2 (pt 35/95)
Character Range: 952307–955104

on the terms it thinks fit; and
 (b) if the Court thinks the account is no longer required—at any time order it to be closed.
 (4) A copy of an order under paragraph (3)(b) must be served by the trustee on the bank with which the special bank account was opened.
 (5) An application under this section may be made by a person with a financial interest in the administration of the regulated debtor's estate.

65‑46  Review of payments to third parties
 (1) The Insolvency Practice Rules may provide for and in relation to the review by the Inspector‑General of a bill of costs for services provided by a person in relation to the administration of a regulated debtor's estate.
 (2) Without limiting subsection (1), the Insolvency Practice Rules may provide for and in relation to:
 (a) the application for the review (including who may apply); and
 (b) the powers available to the Inspector‑General in relation to the review; and
 (c) the provision of information or documents to the Inspector‑General for the purposes of the review; and
 (d) the decisions that may be made by the Inspector‑General in relation to the review; and
 (e) the notification of decisions made by the Inspector‑General; and
 (f) the consideration of the decisions made by the Inspector‑General in relation to the review by the Court.

65‑50  Rules in relation to consequences for failure to comply with this Division
  The Insolvency Practice Rules may provide for and in relation to:
 (a) the payment by the trustee of a regulated debtor's estate of interest at such rate, on such amount and in respect of such period as is prescribed; and
 (b) disallowance of all or of such part as is prescribed of the remuneration of the trustee of a regulated debtor's estate; and
 (c) the removal from office of the trustee of a regulated debtor's estate by the Court; and
 (d) the payment by the trustee of a regulated debtor's estate of any expenses occasioned by reason of his or her default;
in cases where the trustee of a regulated debtor's estate contravenes or fails to comply with this Division (including Insolvency Practice Rules made under this Division).

Division 70—Information

Subdivision A—Introduction

70‑1  Simplified outline of this Division

      The trustee of a regulated debtor's estate must:
             (a) give annual reports of the administration of the estate (called annual administrative returns) to the Inspector‑General; and
             (b) keep books of meetings and other affairs of the estate; and
             (c) allow those books to be audited if required to do so; and
             (d) allow access to those books by creditors; and
             (e) give creditors and others requested information, documents and reports relating to the administration.
      The committee of inspection