70‑51 Declarations of relevant relations70‑51 Declarations of relevant relationships must be kept up to date

70‑51 Declarations of relevant relationships must be kept up to date

(1) This section is made for the purposes of section 70‑50 of the Insolvency Practice Schedule (Bankruptcy). (2) If, after the trustee of a regulated debtor’s estate has given a declaration under subsection 70‑30(3): (a) the declaration becomes out of date; or (b) the trustee becomes aware of an error in the declaration; the trustee must, as soon as practicable, give a replacement declaration to as many of the creditors as reasonably practicable.