In assessing the value of ^* benefits that a person has derived, the ^* person's property is taken to continue to be the person's property if it vests in any of the following:

(a)

in relation to a bankruptcy—the trustee of the estate of the bankrupt; or

(b)

in relation to a composition or scheme of arrangement under Division 6 of Part IV of the Bankruptcy Act 1966 —the trustee of the composition or scheme of arrangement; or

(c)

in relation to a deed of assignment, a deed of arrangement or a composition under Part X of the Bankruptcy Act 1966 —the trustee of the deed or the composition; or

(d)

in relation to the estate of a deceased person in respect of which an order has been made under Part XI of the Bankruptcy Act 1966 —the trustee of the estate.

Subdivision C—Reducing penalty amounts