223 GeneralThe trustee has the powers specified in Parts 1 and 2 of Schedule 5 to the Insolvency Act 19861.He also has power to appoint the bankrupt:223.1 to superintend the management of his estate or any part of it;223.2 to carry on his business (if any) for the benefit of his creditors; or223.3 in any other respect to assist in administering his estate in such manner and in such terms as the trustee may direct2.The Schedule 5 powers were until recently divided into two classes: those which he may exercise
The trustee has the powers specified in Parts 1 and 2 of Schedule 5 to the Insolvency Act 19861.
He also has power to appoint the bankrupt:
to superintend the management of his estate or any part of it;
to carry on his business (if any) for the benefit of his creditors; or
in any other respect to assist in administering his estate in such manner and in such terms as the trustee may direct2.
The Schedule 5 powers were until recently divided into two classes: those which he may exercise
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