Cap. 6activeordinance

Bankruptcy Ordinance

破產條例

Full legislation

s.78

Duties of Official Receiver as to bankrupt’s estate

(1)
As regards the estate of a bankrupt, it shall be the duty of the
                                Official
Receiver—
(Amended
76 of 1996 s. 72
)
(a)
to act as interim trustee if so appointed by the
                                                court;
(Replaced
18 of 2005 s. 21
)
(b)-(e)
(Repealed
18 of 2005 s. 21
)
(f)
to advertise the bankruptcy order;
(Amended
76 of 1996 ss. 72
& 73)
(g)
to act as trustee during any vacancy in the office of
                                                trustee.
(h)
(Repealed
18 of 2005 s. 21
)
(2)
For the purpose of his duties as interim trustee, the Official
                                Receiver shall have the same powers as if he were a receiver
                                appointed by the court, but shall, as far as practicable, consult
                                the wishes of the creditors with respect to the management of the
                                bankrupt’s property, and may for that purpose, if he thinks it
                                advisable, summon meetings of the persons claiming to be creditors,
                                and shall not, unless the court otherwise orders, incur any expense
                                beyond such as is requisite for the protection of the bankrupt’s
                                property or the disposing of perishable goods.
(Amended
76 of 1996 s. 72
)
(3)
(Repealed
18 of 2005 s. 21
)