265. Excluded powers.

If a person is adjudged bankrupt, the powers conferred on a court by the provisions relating to restraint orders and the search and seizure of property¹, the powers conferred on management and enforcement receivers by such provisions² and the powers conferred on an 'appropriate officer' in relation to the seizure of property³, must not be exercised in relation to:

1.  

   (1)     property which is for the time being comprised⁴ in the bankrupt's estate⁵;

2.  

   (2)     property in respect of which his trustee in bankruptcy may (without leave of the court) serve a notice⁶ relating to after-acquired property, items of excess value