SCHEDULES
SCHEDULE 2 Adaptation of Procedure etc. Under this Act where Permanent Trustee not Elected
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In section 39 F1, subsection (1) shall not have effect where the permanent trustee is the Accountant in Bankruptcy and—
(a)
in subsection (1), the reference to the permanent trustee’s confirmation in office shall be construed as a reference to his receiving the act and warrant issued under paragraph 2(2) of this Schedule;
F2(b)
in subsection (2) the words “but if there are commissioners only with the consent of the commissioners, the creditors or the court” shall not have effect, and—
(i)
if the permanent trustee is the Accountant in Bankruptcy, no consent shall be required for the actings mentioned in that subsection; and
(ii)
in any other case, the consent of the Accountant in Bankruptcy shall be required for such actings.