Bankruptcy (Amendment) Act 2015

Amendment of section 112 of Act of 1988

14. Section 112 of the Act of 1988 is amended—

(a) by the substitution of the following subsection for subsection (1):

“(1) In the winding up the trustee shall be subject to the control of the Court and shall have regard to any directions given to him by the committee of inspection or by resolution of the creditors.”,

and

(b) in subsection (3), by the substitution of “Where on an application to it under section 110 the Court makes an order referred to in that section it shall at the same time make provision for” for “The statutory sitting shall make provision for”.