Commonwealth Numbered Acts

BANKRUPTCY AMENDMENT ACT 1980 No. 12 of 1980 - SECT 15

15. Section 20 of the Principal Act is amended-

(a) by omitting "The Registrars and Official Receivers" and sub- stituting
"Subject to this Act, the Registrars, the Official Trustee and the Official
Receivers";

   (b)  by omitting "from time to time directs" and substituting "directs by
        writing under his hand"; and

   (c)  by adding at the end thereof the following sub-sections:



"(2) The Registrars, the Official Trustee and the Official Receivers shall
open and maintain such bank accounts with an approved bank or approved banks
as the Inspector-General directs by writing under his hand.



"(3) The Registrars, the Official Trustee and the Official Receivers shall
comply with any directions given by the Inspector- General, by writing under
his hand, with respect to the banking of moneys in bank accounts maintained in
pursuance of sub- section (2).".