Sequestration where debtor has few assets S

Valid from 01/04/2015

6 Circumstances where Accountant in Bankruptcy appointed as trustee S

In section 2 of the 1985 Act (appointment and functions of trustee in sequestration)—

(a) in subsection (1A), for “(1C)” substitute “ (1D) ”, and

(b) after subsection (1C) insert—

“(1D) The Accountant in Bankruptcy is not to make an appointment under subsection (1A) where—

(a) the debtor application is made by a debtor to whom section 5(2ZA) applies, and

(b) the Accountant in Bankruptcy awards sequestration of the debtor's estate.”.