Bankruptcy Act 1988

Discharge of persons delivering property, etc., to Official Assignee.

( cf. 1857, s.281)


54.A person—

( a) from whom the Official Assignee recovers any property of a bankrupt, or

( b) who, without legal proceedings, in good faith delivers up to the Official Assignee possession of any such property, or

( c) who pays any debt owed to a bankrupt and claimed by the Official Assignee,

shall, notwithstanding that the adjudication is subsequently annulled or discharged, be released from all claims by the bankrupt in respect of such property or debt.