Bankruptcy Ordinance

(1)
Whenever the cash balance standing to the credit
of—
(a)
the Bankruptcy Estates Account referred to in
section 128
; or
(b)
any account operated by the Official Receiver under
section 9l
,
is in excess of the amount which, in the opinion of the Official Receiver, is required for the time being to answer demands in respect of debtor’s estates, the Official Receiver may deposit the whole or any part of that excess with a bank.
(Amended
47 of 1984 s. 15
)
(2)
The Official Receiver shall on or after 31 March in each year transfer to the general revenue any interest paid in respect of deposits under subsection (1).