Status and powers of Accountant in Bankruptcy
Section 22 – Status of Accountant in Bankruptcy as officer of the court
81.This section makes it clear that the AiB has duties to the court in the same way as a solicitor or advocate would have.
Section 23 – Accountant in Bankruptcy’s power to investigate trustees under protected trust deeds
82.This section amends section 1A of and Schedule 5 to the 1985 Act to extend the powers of the AiB in respect of protected trust deeds. The AiB will now be able to audit the trustee’s accounts and fix the trustee’s remuneration in protected trust deeds without the requirement of a request from creditors to do so.
