Full legislation
s.61
Powers exercisable by trustee with permission of creditors’ committee
carry on the business of the bankrupt so far as may be necessary for the beneficial winding up of the same or allow the bankrupt to restructure the business in accordance with conditions determined by the trustee where such restructuring is in the interests of the creditors and, for the purpose of such restructuring, the trustee may permit the debtor to retain any leasehold interest in property in which his business is situated; (Amended 76 of 1996 s. 41 )