65‑20 Application to Inspector‑General f65‑20 Application to Inspector‑General for review of third party bill of costs

65‑20 Application to Inspector‑General for review of third party bill of costs

(1) This section is made for the purposes of section 65‑46 of the Insolvency Practice Schedule (Bankruptcy). (2) The trustee of the regulated debtor’s estate may apply to the Inspector‑General to review a bill of costs for services provided by a person (a third party) in relation to the administration of the regulated debtor’s estate.

Note: See Subdivision B of Division 90 for rules about how a review must be conducted.

(3) The application must be in writing. (4) The application must, subject to subsection (5), be made within 20 business days after the trustee receives the bill of costs from the third party, but before the bill of costs is paid. (5) The Inspector‑General may, before or after the end of the 20 business days mentioned in subsection (4), extend the period in which an application for review may be made if the Inspector‑General is satisfied that: (a) the trustee and the third party have been engaged in an alternative dispute resolution process to try to resolve the matter; or (b) it is appropriate, in all the circumstances, to extend the period. (6) The Inspector‑General may extend the period for any period the Inspector‑General considers appropriate in all the circumstances. (7) The trustee may apply to the Administrative Appeals Tribunal for review of a decision by the Inspector‑General under subsection (5) to refuse to extend the period in which an application for review may be made. (8) The third party may apply to the Administrative Appeals Tribunal for review of a decision by the Inspector‑General under subsection (5) to extend the period in which an application for review may be made.