Part III Mortgages, Rentcharges, and Powers of Attorney

Mortgages

110 Effect of bankruptcy of the mortgagor on the power to sell or appoint a receiver.

(1)

Where the statutory or express power for a mortgagee either to sell or to appoint a receiver is made exercisable by reason of the mortgagor F1. . . being adjudged a bankrupt, such power shall not be exercised only on account of the F1. . . adjudication, without the leave of the court.

(2)

This section applies only where the mortgage deed is executed after the commencement of this Act. F1. . .