Full legislation
s.81
Proceedings in case of vacancy in office of trustee
(1)
If a vacancy occurs in the office of a trustee the creditors in general meeting
may appoint a person to fill the vacancy and
thereupon
the same proceedings shall be taken as in the case of a first appointment.
(Amended
E.R. 1 of 2019
)
(2)
The Official Receiver shall, on the requisition of any creditor, summon a meeting for the purpose of filling any such vacancy.
(3)
If the creditors do not within 3 weeks after the occurrence of a vacancy appoint a person to fill the vacancy, the Official Receiver shall report the matter to the court, and the court may appoint a trustee.
(4)
During any vacancy in the office of trustee the Official Receiver shall act as trustee.
[cf. 1914 c. 59 s. 78 U.K.]