Introductory Text
1.Accountant in Bankruptcy
2.Appointment and functions of interim trustee
3.Petitions for sequestration
4.Award of sequestration
5.Calling of statutory meeting
6.Summary administration
7.Appointment of permanent trustee
8.Fees for the Accountant in Bankruptcy
9.Remuneration of permanent trustee
10.Finance
11.Amendments and repeals
12.Short title, interpretation, commencement and extent
SCHEDULES
SCHEDULE 1
Miscellaneous amendments of the 1985 Act
Duties of permanent trustee
1.In section 3 (duties of the permanent trustee) at the...
Resignation and removal of interim trustee
2.For section 13 (appointment and resignation of interim trustee) there...
Inhibition on debtor’s heritable estate
3.In section 14 (recording of award of sequestration) in subsection...
Interim trustee’s Gazette notice
4.In section 15 (further provisions relating to the award of...
Petitions for recall of sequestration
5.(1) Section 16 (petitions for recall of sequestration) shall be...
Preservation of debtor’s estate
6.In section 18(2) (powers to enable preservation of the debtor’s...
Statement of assets and liabilities
7.(1) For section 19 (requirement on debtor to deliver list...
Statement of debtor’s affairs
8.(1) Section 20 (duty to prepare statement of debtor’s affairs)...
Calling of statutory meeting
9.Before section 21 there shall be inserted the following section—...
10.(1) Section 21 (calling of statutory meeting) shall be amended...
Proceedings at statutory meeting
11.(1) Section 23 (proceedings at statutory meeting before the election...
Election of permanent trustee
12.(1) Section 24 (election of permanent trustee) shall be amended...
Procedure on election of permanent trustee
13.(1) Section 25 (confirmation of permanent trustee) shall be amended...
Termination of interim trustee’s functions
14.(1) Section 26 (termination of functions of interim trustee) shall...
Accountant in Bankruptcy to account for intromissions
15.(1) After section 26 (termination of interim trustee’s functions) there...
Discharge of interim trustee
16.(1) Section 27 (discharge of interim trustee) shall be amended...
Replacement of permanent trustee
17.(1) Section 28 (resignation and death of permanent trustee) shall...
Removal of permanent trustee
18.In section 29 (removal of permanent trustee and provision for...
Removal of commissioner from office
19.In section 30(4) (removal of commissioner from office) for the...
Warrant for arrest of debtor etc.
20.(1) Section 46 (measures to secure the attendance of the...
Accounting period
21.—In section 52 (estate to be distributed in respect of...
Procedure after end of accounting periods
22.(1) Section 53 (procedure after end of accounting periods) shall...
Extent of discharge under section 54
23.(1) Section 55 (effect of discharge under section 54) shall...
Discharge of permanent trustee
24.(1) Section 57 (discharge of permanent trustee) shall be amended...
Unclaimed dividends
25.In section 58 (disposal of unclaimed dividends) in subsections (1)...
Discharge of Accountant in Bankruptcy
26.After section 58 of the 1985 Act there shall be...
Commencement of summary proceedings
27.(1) Section 68 (summary proceedings) shall be amended as follows....
Variation of references to time, money etc.
28.After section 72 (regulations) of the 1985 Act there shall...
Interpretation
29.(1) Section 73 (interpretation) shall be amended as follows.
Adaptation of procedure where permanent trustee not elected
30.(1) Schedule 2 (which provides for the adaptation of procedure...
Discharge on composition
31.(1) Schedule 4 (discharge on composition) shall be amended as...
Voluntary trust deeds for creditors
32.(1) Schedule 5 (which makes provision as to voluntary trust...
SCHEDULE 2
Repeals