305. Official receiver as first trustee in bankruptcy.

(5)     Trustee in Bankruptcy

(i)     Official Receiver as First Trustee and Appointment of Trustee in place of Official Receiver

305.     Official receiver as first trustee in bankruptcy.

On the making of a bankruptcy order1 the official receiver becomes trustee of the bankrupt's estate, unless the court appoints another person2. Where a person becomes trustee of a bankrupt's estate under these provisions, the person must give notice of that fact to the bankrupt's creditors or, if the court so allows, advertise it in accordance with the court's directions3.