Full legislation
s.89
Statement of proceedings
(1)
Every trustee in a bankruptcy shall from time to time, as may be prescribed,
and not less than once in every year during the continuance of the bankruptcy,
provide the Official Receiver with a statement showing the proceedings in the
bankruptcy up to the date of the statement.
(Amended
22 of 2023 s. 6
)
(1A)
The Official Receiver may at any time during the continuance of a bankruptcy
require a trustee in the bankruptcy to provide the Official Receiver, within the
time limit specified by the Official Receiver, with a statement showing the
proceedings in the bankruptcy up to a date specified by the Official Receiver.
(Added
22 of 2023 s. 6
)
(1B)
If a requirement is made under subsection (1A), the trustee must provide the
statement within the time limit specified by the Official Receiver.
(Added
22 of 2023 s. 6
)
(1C)
A statement required to be provided under subsection (1) or (1A) must be in the
specified form.
(Added
22 of 2023 s. 6
)
(2)
The Official Receiver shall cause the statements so provided to be examined,
and shall call the trustee to account for any misfeasance, neglect or omission which
may appear on the said statements or in his accounts or otherwise, and may apply to
the court for an order that the trustee do make good any loss which the estate of
the bankrupt may have sustained by the misfeasance, neglect or omission.