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rrarides for the audit of all trustees accounts by the registrar or by any person named by the Court but as
Receiver is a
Govern
the Official ment Officer appointed by
Governor,
there is no
the
wow
why the
additional precaution of a Government
audit should not be resorted to
when he is trustee. Prusters other than
Re
the Officia", de rciver are of
a
COURSE On
different footing. Moreover they are required to furnish security buck the Official Receiver is not.
The audit will not in-
volve
increase of work on any auditors part as the Official Assignees
always subject to -
the
accounts were
audit.
By. Section 13 of Ordinance.
6 of 1892 it is provided that the Official Receiver shall open in his name as Official Receiver
arv
account at a
Bank
Bank
shall
approved by the Governor and
to the credit there of all
pay
sums received by him as such Official Receiver'
Om Ad
Trustes..
I understand, that no par. ricular bank has been approved. I
thunk that the nomination should.
be made at once and I think it
would be well at the same time.
a direction, which should
to give also be formally
the Bank,
3
coumunicated to
a to the effect that monies placed to the Account of the Official Receiver shall be paid out only upon cheques or orders signed by the Official Receiver and, countersigned by the Registrar of the
the Bankruptcy
Covert.
diction 9 of
Ordinance which provides that the- Official Receiver shall act under
the
general authority
and directions.
of
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