Singapore legislation

Clause 36

of Bankruptcy Bill

Clause 36

General functions, duties and powers of trustee

(1)

Subject to subsection (2) and section 39, a trustee shall —

(a)

have all the functions and duties of the Official Assignee in relation to the conduct of a bankrupt and the administration of his estate as provided in this Act; and

(b)

exercise all the powers of the Official Assignee,and any reference in this Act or the rules to the Official Assignee shall, unless the context otherwise requires, include a reference to a trustee.

(2)

Sections 19, 24, 108, 113, 116, 125 and 165 shall not apply to a trustee and section 112(a), (c), (f), (h) and (i) shall not apply to a trustee except with the consent of the court, the creditors’ committee or, if there is no creditors’ committee, the Official Assignee.