Bankruptcy (Amendment) Act 2015

Amendment of section 18 of Act of 1988

5. Section 18 of the Act of 1988 is amended by the substitution of the following subsection for subsection (1):

“(1) The creditors of a bankrupt may—

(a) choose and appoint a person (in this Act referred to as the ‘creditors’ assignee’) to represent them in the administration of the bankrupt’s estate, and

(b) not later than 90 days after the date of the making of the adjudication order in respect of that bankruptcy apply to Court for confirmation of that appointment.”.