The Lord Chancellor may, with the concurrence of the Secretary of State, make rules providing for the manner in which moneys received by the trustee of a bankrupt's estate in the course of carrying out his functions are to be invested or otherwise handled and providing for the payment of interest on sums which have been paid into the Insolvency Services Account1.
Accordingly, where the cash balance standing to the credit of the bankrupt in the account in respect of that bankrupt kept by the Secretary of State
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234