CTHIn ForceAct
Insurance Act 1973
92NResignation
Start here
Get a plain-English read of 92N
Turn the raw legal text into a practical explanation grounded in Insurance Act 1973.
#### 92N Resignation
(1) A judicial trustee appointed under this Division may resign that appointment by filing with the Federal Court a notice of resignation.
(2) Within 28 days after the day on which the notice of resignation was filed with the Federal Court, the Court must:
(a) accept the resignation; and
(b) appoint another individual as judicial trustee.
(3) A resignation under subsection (1) does not take effect until it is accepted by the Federal Court under subsection (2).