Law library · Sierra Leone · The Bankruptcy Act, 2009
Section 56, The Bankruptcy Act, 2009
Status not yet checkedThe Bankruptcy Act, 2009, Sierra Leone
(1) Until a trustee is appointed, the official receiver shall bethe trustee for the purposes of this Act, and immediately on a debtor
being adjudged bankrupt the property of the bankrupt shall vest in
the trustee.
(2) On the appointment of a trustee the property shall
forthwith pass to and vest in the trustee appointed.
(3) The property of the bankrupt shall pass from trustee
to trustee, including under the term official receiver when he fills the
office of trustee, and shall vest in the trustee for the time being during
his continuance in office, without any conveyance, assignment or
transfer whatever.
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