60‑10 Application to the Inspector‑Gener60‑10 Application to the Inspector‑General to determine remuneration

60‑10 Application to the Inspector‑General to determine remuneration

(1) A trustee of a regulated debtor’s estate may apply to the Inspector‑General to make a determination specifying remuneration that the trustee is entitled to receive for necessary work properly performed by the trustee in relation to the administration of the estate. (2) The application: (a) must be in a form approved by the Inspector‑General; and (b) must: (i) identify which of subparagraphs 60‑5(b)(i), (ii) or (iii) or (c)(i), (ii) or (iii) the applicant believes is satisfied; and (ii) include evidence that the relevant subparagraph is satisfied; and (c) must contain a single proposal about the trustee’s proposed remuneration; and (d) must explain: (i) why any work already performed by the trustee was necessary; and (ii) why any work proposed to be performed by the trustee will be necessary; and (iii) why the proposed remuneration for the work, or proposed work, is appropriate for the particular administration; and (e) if the work was or is likely to be complex—must contain details of the complexity; and (f) if the work includes or is likely to include extraordinary issues—must contain details of those issues; and (g) must be accompanied by the following, in relation to the regulated debtor’s estate: (i) the initial remuneration notice given by the trustee under section 70‑35; (ii) any report about remuneration prepared by the trustee under subsection 70‑45(2) or (3); (iii) any remuneration claim notice given by the trustee under section 70‑47.