(1) The assignees in bankruptcy of a registered owner who has been adjudicated a bankrupt may be registered as owners in his/her place, on production to the Authority of an official copy of the certificate of the vesting of the estate and effects in the assignees, endorsed as prescribed by this rule. 

(2) A bankrupt whose trustee or assignee is registered as owner of his/her registered property may be re-registered as owner or, where he/she is a limited owner, the entry of the assignee or trustee as assignee of his/her limited estate or interest may be cancelled, on production in the Registry of the re-vesting deed. 

(3) An arranging debtor whose trustees are registered as owners of his/her registered property may be re-registered as owner or, where he/she is a limited owner, the entry of the trustees as assignees of his/her limited estate or interest may be cancelled, on production in the Registry of an official copy of the order of the court under Section 85 of the Bankruptcy Act, 1988, endorsed as prescribed by this rule. (4) Every order, certificate, resolution or agreement or official copy, produced for the purposes of a registration referred to in this rule, shall have endorsed a certificate by the Official Assignee in Bankruptcy or the trustee identifying the bankrupt or arranging debtor named in the order or certificate with the registered owner named in a specified folio of the register whose property is sought to be transferred. Where the application is for the re-registration of the person who was the bankrupt or arranging debtor, it shall be accompanied, in the case of a bankruptcy by the re-vesting deed or, in the case of an arrangement by an official copy of the order of the court under Section 85 of the Bankruptcy Act, 1988 or, where applicable, the written consent of the trustee to the re-registration. 

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Related content

Legal Practices

5 of 2013 – Bankruptcy Act 1988

Forms

LR Form 45 – Registration as owner by a person entitled on the determination of the estate or interest of a registered limited owner

Forms

LR Form 46 – Registration as owner by a person entitled on the determination of the estate or interest of a registered limited owner in all cases where Form 45 is not appropriate

Legislation

LR Rule 145 – Limited Ownership

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