What is the trustee’s legal obligation regarding the Canadian Investor Protection Fund (CIPF) under Section 264 of the Bankruptcy and Insolvency Act (BIA)?

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Under BIA Section 264, the trustee has a mandatory legal obligation to consult with the customer compensation body (CIPF) during the administration of the insolvency.

What is the trustee’s legal obligation regarding the Canadian Investor Protection Fund (CIPF) under Section 264 of the Bankruptcy and Insolvency Act (BIA)?

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