Commonwealth Numbered Acts

BANKRUPTCY AMENDMENT ACT 1980 No. 12 of 1980 - SECT 88

88. Section 172 of the Principal Act is amended by adding at the end thereof
the following sub-sections:



"(3) Sub-sections (1) and (2) do not apply in relation to the estate of a
bankrupt during any period during which the Official Trustee is the trustee of
the estate.



"(4) Where moneys standing to the credit of the estate of a bankrupt , or
investments held on behalf of the estate of a bankrupt, vest in the Official
Trustee in consequence of a change in the trustee of the estate, amounts
received by the Official Trustee by way of interest on those moneys in respect
of any period prior to the payment of those moneys into the Common Fund, or by
way of interest on those investments prior to, or upon, the realization of
those investments, form part of the estate.".