Cap. 13 Art. 496Sale of perishables.

(1) The bankruptcy trustee shall, without delay sell, whether by means of a licensed auctioneer or otherwise, such assets as the bankruptcy trustee shall deem to be perishable.

(2) Any perishables in respect of which a right of recovery in terms of Title III has not been exercised prior to their sale, shall be sold in terms of sub-article (1), and any respective right of recovery shall be extinguished and the moneys realised shall form part of the bankruptcy estate in terms of article 495.