| Commentary

264 Release of trustee after final report

| Commentary

264 Release of trustee after final report

Vacation of office by a trustee and his release are separate concepts. Under Section 298(8)1 the trustee vacates office upon giving notice to the prescribed person2 that he has given notice to creditors under Section 331(2). The notice must not be given until after the time for objecting to his release set out in the notice has expired; and must state whether any of the creditors objected to his release2. If no creditor objected to his release he has his release at the time he vacated office (namely when

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