Bankruptcy and Insolvency General Rules

Version of section 102 from 2006-03-22 to 2007-03-21:

  •  (1) Where the Superintendent issues a letter of comment pursuant to section 99 requesting the taxation of an administrator’s accounts, the administrator shall, after obtaining a hearing date from the registrar and within 30 days after the day of receipt of the letter of comment, send to each creditor who has proved a claim and to the Division Office

    • (a) a notice of hearing for the taxation of the administrator’s accounts and the discharge of the administrator, in prescribed form, which notice must be sent at least 30 days before the date of the hearing;

    • (b) a copy of the administrator’s final statement of receipts and disbursements; and

    • (c) a copy of the dividend sheet, showing the dividends paid or to be paid to the creditors under the consumer proposal.

  • (2) A creditor may object to the taxation of the administrator’s accounts and discharge of the administrator by

    • (a) serving a notice of objection on the administrator or sending a notice of objection to the administrator by registered mail or courier, which notice of objection must be received by the administrator before the start of the hearing;

    • (b) filing a copy of the notice of objection with the registrar, along with any applicable fee provided by the tariff; and

    • (c) sending a copy of the notice of objection to the Division Office.

  • SOR/98-240, s. 1
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