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BANKRUPTCY AMENDMENT ACT 1980 No. 12 of 1980 - SECT 78
Appointment of trustees
78. Section 157 of the Principal Act is amended-
(a) by omitting from sub-section (2) "who is the trustee of the estate at the
time of the appointment";
(b) by omitting from sub-section (4) "this section" and substituting
"sub-section (1)";
(c) by omitting from sub-section (6) "lodge with the Court" and substituting
"file with the Registrar for the appropriate District";
(d) by omitting from sub-section (7) "lodged" and substituting "filed"; and
(e) by adding at the end thereof the following sub-sections:
"(8) Where the Court appoints a person as trustee under sub-section (7), the
Registrar shall issue to the person a certificate of appointment.
"(9) The appointment of a trustee under sub-section (7) takes effect from and
including the date on which the Court makes the appointment or such later date
as the Court directs.".
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