Cap. 13 ст. 499Sum of money which bankruptcy trustee may hold on trust. Cap. 632.

(1) The bankruptcy trustee may appropriate such sum or sums as the court shall determine, to remunerate the bankruptcy trustee and to meet any expenses as the bankruptcy trustee may reasonably incur in the performance of his duties in terms of this Part, as a first charge out of the bankruptcy estate in preference to any other expense. All other moneys shall continue to be held by the bankruptcy trustee on trust, distinct and separate from the personal property of the bankruptcy trustee and from other property held by the bankruptcy trustee under any other trust.

(2) The Minister may, in consultation with the competent authority mentioned in the Insolvency Practitioners Act, make regulations for the payment of the expenses and remuneration of the bankruptcy trustee.

(3) The Court shall have the power to order that of the expenses and remuneration of the bankruptcy trustee are paid in terms of regulations made in terms of sub-article (2).