CTHRepealedAct
Bankruptcy Act 1924
Power to appoint special manager.Power to appoint special manager.
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### Power to appoint special manager.
E.B.A., s. 10.
N.S.W., 1898, s. 13.
W.A., 1892, s. 12.
64.—(1.) At any time after sequestration, the official receiver of a bankrupt’s estate may, on the application of any creditor, and if satisfied that the nature of the bankrupt’s estate or business or the interests of the creditors generally require it, appoint a special manager of the estate to act until a trustee is appointed, or so long as the creditors by resolution require or as is prescribed, and with such powers as are intrusted to him by the official receiver or as are prescribed.
(2.) The special manager shall give the prescribed security and shall account in the prescribed manner.
(3.) The special manager shall receive such remuneration as the creditors by resolution determine, or in default of any such resolution, as is prescribed.