SCHEDULE 10 Trustees in Bankruptcy

SCHEDULE 10 Trustees in Bankruptcy

Section 133

Insolvency Act 1986 (c 45)

1

The Insolvency Act 1986 is amended as provided in paragraphs 2 to 11.

2

In section 286(3) (interim receiver to have powers and duties conferred by section 287) for “of a receiver and manager under†substitute “given byâ€.

3

(1)     Section 287 (receivership pending appointment of first trustee) is amended as follows.

(2)     For the heading substitute “Powers of interim receiverâ€.

(3)     In subsection (1)—

(a)     for the words from the beginning to “official receiver†substitute “An interim receiver appointed under section 286â€;

(b)     for “bankrupt's estate†substitute “debtor's propertyâ€.

(4)     In subsection

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