Bankruptcy Ordinance

(1)
The power to appoint some fit person as trustee (whether the first such trustee
                or a trustee appointed to fill any vacancy) is exercisable, except at a time when an
                order for the summary administration of the bankrupt’s estate is in force, by a
                general meeting of the bankrupt’s creditors.
(2)
Any power to appoint a person as trustee includes power to appoint 2 or more
                persons as joint trustees; but such an appointment must make provision as to the
                circumstances in which the trustees must act together and the circumstances in which
                one or more of them may act for the others.
(3)
The appointment of any person as trustee takes effect at the time specified in
                the creditors’ resolution or the court order, as the case may be, appointing
                him.
(4)
This section is without prejudice to the provisions of this Ordinance under
                which the Official Receiver is, in certain circumstances, to be trustee.