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The Insolvency Rules 1986

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Changes over time for: Section 6.226

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General duty of existing trusteeE+W

6.226.—(1) Subject as follows, the existing trustee shall take into his custody or under his control all such property and money, in so far as he has not already done so as part of his duties as trustee in the earlier bankruptcy.

(2) Where any of that property consists of perishable goods, or goods the value of which is likely to diminish if they are not disposed of, the existing trustee has power to sell or otherwise dispose of those goods.

(3) The proceeds of any such sale or disposal shall be held, under the existing trustee's control, with the other property and money comprised in the bankrupt's estate.

Commencement Information

I1Rule 6.226 in force at 29.12.1986, see rule 0.1

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