Part 1Bankruptcy
Status and powers of Accountant in Bankruptcy
22Status of Accountant in Bankruptcy as officer of the court
In section 1 of the 1985 Act (Accountant in Bankruptcy), after subsection (1), insert—
“(1A)
The Accountant in Bankruptcy shall be an officer of the court.”.
23Accountant in Bankruptcy's power to investigate trustees under protected trust deeds
(1)
In Schedule 5 to the 1985 Act (voluntary trust deeds for creditors), after paragraph 1, insert—
“Accountant in Bankruptcy's power to carry out audit
1A
The Accountant in Bankruptcy may, at any time, audit the trustee's accounts and fix his remuneration.”.
(2)
In section 1A(1)(a) of that Act (supervision of persons by the Accountant in Bankruptcy), after sub-paragraph (ii), insert—
“(iia)
trustees under protected trust deeds;”.