CTHRepealedAct
Bankruptcy Act 1924
Trustee not to accept extra benefit.Trustee not to accept extra benefit.
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### Trustee not to accept extra benefit.
134.—(1.) A trustee shall not, under any circumstances whatever—
E.B.A., s. 82 (5).
Cf. Vic., s. 82.
S.A., s. 152.
W.A., s. 69 (5).
(a) make any arrangement for or accept from the bankrupt, or any solicitor or auctioneer, or any other person employed about a bankruptcy, any gift, remuneration, or pecuniary or other consideration or benefit whatever beyond the remuneration fixed by the creditors and payable out of the estate; or
(b) make any arrangement for giving up, or give up, any part of his remuneration, either as receiver, manager, or trustee to the bankrupt, or any solicitor or other person employed about the bankruptcy or to any creditor; or
Cf. Vic., s. 211.
(c) directly or indirectly by himself or his wife, child, or parent or any partner, clerk, agent or servant, be entitled to derive, except as provided by section one hundred and thirty-three of this Act, any profit or advantage from any transaction, sale, or purchase for or on account of the estate or any gift, profit or advantage from any creditor.
(2.) If a trustee contravenes any of the provisions of the last preceding sub-section, he shall be guilty of a contempt of Court, and the Court may, on the application of any person, make against the trustee any order it thinks just.