TNAG-2342-FCO40-3406-Drug-trafficking-agreements-between-Hong-Kong-and-other-coun-1991 — Page 198

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 -