Payments in the case of bankrupts
This
adran has no associated
Memorandwm Esboniadol
52. Where it appears to the Director of Savings that—
(a)a bankruptcy order has been made against a person who is the sole holder of a certificate;
(b)a trustee has been appointed in the bankruptcy of a sole holder; or
(c)an order for the administration in bankruptcy of the estate of a deceased sole holder has been made,
the Director of Savings may pay to the Official Receiver or trustee (on their application) the amount repayable in relation to the certificate.