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Insolvency Act 1986

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This is the original version (as it was originally enacted).

Second bankruptcy

16(1)Sections 334 and 335 of this Act apply with the following modifications where the earlier bankruptcy (within the meaning of section 334) is a bankruptcy in relation to which the Act of 1914 applies instead of the second Group of Parts in this Act, that is to say—

(a)references to property vested in the existing trustee under section 307(3) of this Act have effect as references to such property vested in that trustee as was acquired by or devolved on the bankrupt after the commencement (within the meaning of the Act of 1914) of the earlier bankruptcy ; and

(b)references to an order under section 310 of this Act have effect as references to an order under section 51 of the Act of 1914.

(2)Section 39 of the Act of 1914 (second bankruptcy) does not apply where a person who is an undischarged bankrupt under that Act is adjudged bankrupt under this Act.

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