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Section 14: Power to appoint special manager

Bankruptcy Act · PART I: PROCEEDINGS FROM ACT OF BANKRUPTCY TO DISCHARGE

consolidated text (as at 2000). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

14. Power to appoint special manager The Official Receiver may, on the application of any creditor, and if satisfied that the nature of the debtor’s business or the interests of the creditors generally require the appointment of a special manager of the estate or business, appoint a manager to act until a trustee is appointed and such person shall give such security as may be directed by the Court, and shall receive such remuneration as shall be fixed by the creditors by resolution at an ordinary meeting subject to the approval of the Court.

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