OpenLegislation

Article 42 Insertion of new Rule 6.237CA

Original text. Later amendments are not shown.

After Rule 6.237C insert—

“Vesting of bankrupt’s estate—substituted period.

6.237CA

For the purposes of section 283A(2) for the period of three years set out therein there shall be substituted, where the trustee in bankruptcy has sent notice to the bankrupt that he considers—

(a)

the continued vesting of the property in the bankrupt’s estate to be of no benefit to creditors; or

(b)

the re-vesting to the bankrupt will facilitate a more efficient administration of the bankrupt’s estate,

the period of one month from the date of that notice.”.