Page 4 of Annex A
(5) Where, in the case of a debtor, an interim receiver stands
appointed under section 13 of the Bankruptcy Ordinance (Cap. 6) and
any property of the debtor is subject to a restraint order, the
powers conferred on the interim receiver by virtue of that Ordinance
do not apply to property for the time being subject to the restraint
order.
(6) Where a person is adjudged bankrupt and has directly or
indirectly made a gift caught by this Ordinance
(a) a court shall not make an order under
(i)
section 31, 47 or 49 of the Bankruptcy
(ii)
Ordinance (Cap. 6); or
section 60 of the Conveyancing and Property
Ordinance (Cap. 219),
in respect of the making of the gift at any time when
property of the person to whom the gift was made is
subject to a restraint order or charging order; and
(b) any order made under any of those sections after the
discharge of the restraint order or charging order
shall take into account any realisation under this
Ordinance of property held by the person to whom the
gift was made.
17.
Winding up of company holding realisable property
(1) Where realisable property is held by a company and an
order for the winding up of the company has been made or a
resolution has been passed by the company for the voluntary winding
up, the functions of the liquidator (or any provisional liquidator)
shall not be exercisable in relation to -