Point in time view as at 01/12/2020.
Insolvency Act 1986, Part III is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Textual Amendments
F1Sch. 5 Pt. III heading omitted (26.5.2015) by virtue of Small Business, Enterprise and Employment Act 2015 (c. 26), ss. 121(3), 164(3)(i)(i)
14E+W+SFor the purposes of, or in connection with, the exercise of any of his powers under Parts VIII to XI of this Act, the trustee may, by his official name—
(a)hold property of every description,
(b)make contracts,
(c)sue and be sued,
(d)enter into engagements binding on himself and, in respect of the bankrupt’s estate, on his successors in office,
(e)employ an agent,
(f)execute any power of attorney, deed or other instrument;
and he may do any other act which is necessary or expedient for the purposes of or in connection with the exercise of those powers.
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