| Commentary

15.2 New provision

| Commentary

15.2 New provision

With effect from 6 April 2017, a new Section 291A is inserted in the Insolvency Act 19861, whereby the official receiver becomes the trustee of the bankrupt's estate on the making of the bankruptcy order (with the consequence that the bankrupt's estate vests in him under Section 306 at that time and the bankrupt's title is immediately divested); and when he has completed his inquiries, if it is appropriate to appoint a trustee in his place, he has power to apply to the Secretary of State under Section 296. There are savings for the right of creditors

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