BANKRUPTCY..
No. 10 of 1931.
1885
distribution among the creditors so much of the bankrupt's pay, salary, pension, allowance or compensation as the court, with the consent of the Governor, on the application of the trustee, may direct.
121.
(2) Where a bankrupt is in receipt of a salary or income other than as aforesaid, the court, on the application of the trustee, may from time to time make such order as it thinks just for the payment of the salary or income or of any part thereof to the trustee, to be applied by him in such manner as the court may direct.
(3) Nothing in this section shall take away or abridge any power to dismiss a bankrupt or to declare the pay, pension, allowance, compensation, salary or income of any bankrupt to be forfeited.
income of restrained
57. Where a married woman who has been adjudged bankrupt has property the income of which is subject to a restraint on anticipation, the court shall have power, on the application of the trustee, to order that, during such time as the court may order, the whole or some part of such income be paid to the trustee for distribution amongst the creditors, and in the exercise of such power the court shall have regard to the means of subsistence available for the woman and her children.
c. 59, s. 52. + Rules. Forms Nos. 119, 122.
Vesting and transfer of property.
58.—(1) Until a trustee is appointed the Official Receiver shall be the trustee for the purposes of this Ordinance, and immediately on a debtor being adjudged bankrupt the property of the bankrupt shall vest in the trustee.
(2) On the appointment of a trustee the property shall forthwith pass to and vest in the trustee appointed.
(3) The property of the bankrupt shall pass from trustee to trustee, including under that term the Official Receiver when he fills the office of trustee, and shall vest in the trustee for the time being during his continuance in office, without any conveyance, assignment or transfer whatever.
4 & 5 Geo. 5, c. 59, s. 53.
59.-(1) Where any part of the property of the bankrupt consists of land of any tenure burdened with onerous covenants, of shares or stock in companies, of unprofitable contracts, or of onerous property.
† As amended by No. 10 of 1936 [20.3.36].
4 & 5 Geo. 5, c. 59, s. 54.
BANKRUPTCY..
No. 10 of 1931.
1885
distribution among the creditors so much of the bankrupt's pay, salary, pension, allowance or compensation as the court, with the consent of the Governor, on the application of the trustee, may direct.
121.
(2) Where a bankrupt is in receipt of a salary or income Rules. other than as aforesaid, the court, on the application of the Form No. trustee, may from time to time make such order as it thinks just for the payment of the salary or income or of any part thereof to the trustee, to be applied by him in such manner as the court may direct.
(3) Nothing in this section shall take away or abridge any power to dismiss a bankrupt or to declare the pay, pension, allowance, compensation, salary or income of any bankrupt to be forfeited.
income of
restrained
57. Where a married woman who has been adjudged Appropria- bankrupt has property the income of which is subject to a restaint tion of on anticipation, the court shall have power, on the application property of the trustee, to order that, during such time as the court may from antici order, the whole or some part of such income be paid to the pation trustee for distribution amongst the creditors, and in the exercise of such power the court shall have regard to the means of subsistence available for the woman and her children.
c. 59, s. 52.
+ Rules. Forms Nos. 119, 122.
Vesting
and transfer of
58.—(1) Until a trustee is appointed the Official Receiver shall be the trustee for the purposes of this Ordinance, and immediately on a debtor being adjudged bankrupt the property property. of the bankrupt shall vest in the trustee.
(2) On the appointment of a trustee the property shall forthwith pass to and vest in the trustee appointed.
(3) The property of the bankrupt shall pass from trustee to trustee, including under that term the Official Receiver when he fills the office of trustee, and shall vest in the trustee for the time being during his continuance in office, without any conveyance, assignment or transfer whatever.
4 & & Geo. 5, c. 59, s. 53.
59.-(1) Where any part of the property of the bankrupt Disclaimer consists of land of any tenure burdened with onerous covenants, of shares or stock in companies, of unprofitable contracts, or of
† As amended by No. 10 of 1936 [20.3.36].
of onerous property. 4 & 5 Geo. 5, c. 59, s. 54.
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