216. Bankruptcy of a pawnor or pawnee.

The bankruptcy of a pawnor or a pawnee1 vests the bankrupt's estate in the trustee of a bankrupt's estate immediately upon his appointment taking effect, or in the case of the official receiver, on his becoming trustee2. Where any property which is, or is to be, comprised in the bankrupt's estate vests in the trustee it so vests without any conveyance, assignment or transfer3.

Where a person is made bankrupt, any disposition of property made by that person during the period beginning with the day of the making of the bankruptcy application or (as the case may be) the presentation