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- Trustees may obtain Commonwealth funding assistance under section 305 of the Bankruptcy Act 1966 to initiate or defend proceedings or to pursue inquiries for certain matters.
- Section 305 funding is intended to facilitate the proper carrying out of the trustee’s statutory and fiduciary duties.
- Guidelines outlining the types of situations when funding might be appropriate, and explaining what needs to be established in order to support an application, are provided in the:
Further information can be obtained on telephone number 02 8233 7896.