in respect of such property as is mentioned in subsection
(1)(a) and in so doing does not know and has no reasonable
grounds to believe that the property is for the time being
subject to a restraint order; or
(b)
other than in respect of such property as is so mentioned,
being expenses which, but for the effect of a restraint
order, might have been met by taking possession of and,
realising the property,
shall be entitled (whether or not he has seized or disposed of that
property so as to have a lien under that subsection) to payment of
those expenses under section 13(1) or (3)(b).
(3)
In this section "insolvency officer" means
(a)
the Official Receiver; or
(b)
any person acting as
-
(i) a receiver, interim receiver, special manager or
trustee appointed under the Bankruptcy Ordinance (Cap. 6);
or
(ii) a liquidator, provisional liquidator or special
manager appointed under the Companies Ordinance (Cap. 32).
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