308 Vesting in trustee of certain items of excess value
Insolvency Act 1986 (1986 c 45) | Legislation

308  Vesting in trustee of certain items of excess value

(1)     Subject to [section 309], where—

(a)     property is excluded by virtue of section 283(2) (tools of trade, household effects, etc) from the bankrupt's estate, and

(b)     it appears to the trustee that the realisable value of the whole or any part of that property exceeds the cost

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