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Contents

Part VI

147. Powers of Offi cial Receiver as regards the debtor's conduct in Bankruptcy

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

The Official Receiver shall investigate the conduct of the bankrupt debtor and report to the court, stating whether there is reason to believe that the bankrupt debtor has committed any act —

(a)

which constitutes an offence under this Act or any enactment repealed by this Act; or

(b)

which would justify the court in refusing or suspending the bankrupt debtor’s discharge.

(2)

Subsection (1) shall not apply to a case in which the

Official Receiver considers that an investigation under that subsection is unnecessary.

(3)

The Official Receiver shall make such other reports concerning the conduct of the bankrupt debtor as the court may direct.

Rescue, Rehabilitation and Insolvency

(4)

A report by the Official Receiver under this section shall in any proceedings be prima facie evidence of the facts stated in it.

(5)

The Official Receiver shall act in accordance with the provisions of section 96 regarding the Official Receiver’s power to apply to court for a public examination of the bankrupt debtor.

(6)

The Official Receiver shall take such part as the

Official Receiver deems necessary in the public examination of the bankrupt debtor under section 96.

(7)

The Official Receiver shall give such assistance as the

Attorney - General may direct in relation to the prosecution of any offence under this Act.

Part VII

Personal Insolvency Register

Part VIII

Part IX

Part X

Compromises

Part XI

Micro Small Medium Enterprise (MSME) Company Debt Restructuring Arrangements

Part XII

Part XIII

Part XIV

Cross - Border Insolvency

Part XV

Part XVI

Part XVII

Schedules