308. Appointment by creditors of new trustee.

Where the bankrupt's creditors decide to remove a trustee in bankruptcy1 but do not, as part of the decision procedure to remove the trustee, appoint a new trustee2, the existing trustee must send the creditors a notice inviting proposals for a new trustee3. The notice must contain a statement explaining that the decision of the creditors to remove a trustee does not take effect until the creditors appoint another trustee4. The notice must also explain that the existing trustee is not obliged to seek the creditors' views on any proposals that do not meet the following requirements5:

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    (1)     any