Administration of estateS

16Vesting of estate after sequestrationS

(1)In section 31(5A) of the 1985 Act (reinvestment of non-vested contingent interest), for “on which the debtor's discharge becomes effective” substitute “ which is 4 years after the date of sequestration ”.

(2)In section 32(10) of the 1985 Act (meaning of “relevant date” for purposes of vesting etc.), for “on which the debtor's discharge becomes effective” substitute “ which is 4 years after the date of sequestration ”.

Commencement Information

I1S. 16 in force at 1.4.2015 by S.S.I. 2014/261, art. 3 (with arts. 4-7, 12) (as amended by S.S.I. 2015/54, art. 2)