Sequestration where debtor has few assets
6Circumstances where Accountant in Bankruptcy appointed as trustee
In section 2 of the 1985 Act (appointment and functions of trustee in sequestration)—
(a)
in subsection (1A), for “(1C)” substitute “(1D)”, and
(b)
after subsection (1C) insert—
“(1D)
The Accountant in Bankruptcy is not to make an appointment under subsection (1A) where—
(a)
the debtor application is made by a debtor to whom section 5(2ZA) applies, and
(b)
the Accountant in Bankruptcy awards sequestration of the debtor’s estate.”.