Regulation 18

These Regulations apply to any member who is an undischarged bankrupt and who with the consent of the Official Assignee purchases or acquires a house or flat for the occupation of himself or herself or members of his or her immediate family.

Where a member is adjudicated a bankrupt after he or she has obtained authorisation from the Board under these Regulations to withdraw the whole or part of the amount standing to the member’s credit in the Fund, the Board may, despite the member’s bankruptcy, permit him or her to make or continue to make (as the case may be) the authorised withdrawals subject to his or her compliance with these Regulations, the Act and any other condition which the Board thinks fit to impose.