142.— Section 3 of the Bankruptcy Act 1988 is amended by the insertion of the following definitions—

“ ‘Debt Settlement Arrangement’ has the same meaning as in the Personal Insolvency Act 2012;

‘Personal Insolvency Arrangement’ has the same meaning as it has in the Personal Insolvency Act 2012;

‘statement of affairs’ means a statement of the debtor’s or bankrupt’s affairs in the form specified in rules of court;

‘trustee’ means a person appointed as trustee under Part V;”.