### Bankruptcy Ordinance 《破產條例》

86B. Duties of trustee as regards the bankrupt’s estate
(1) As regards the estate of a bankrupt, it shall be the duty of the trustee—
(a) to raise money in any case where in the interests of the creditors it appears necessary so to do;
(b) to preside at the first meeting of creditors if it is summoned;
(c) to issue forms of proxy for use at the meetings of creditors;
(d) to report to the creditors as to any proposal which the bankrupt may have made with respect to the mode of liquidating his affairs;
(e) to advertise the date of the first meeting of creditors and of the bankrupt’s public examination, and such other matters as it may be necessary to advertise;
(f) to assist the bankrupt in preparing his statement of affairs in case the bankrupt has no solicitor acting for him and is unable properly to prepare it himself, and for this purpose to employ at the expense of the estate any person or persons to assist in its preparation.
(2) The trustee shall account to the court and pay over all moneys and deal with all securities in such manner as the court from time to time directs.
(Added 18 of 2005 s. 28)

87. Trustee to provide list of creditors
The trustee shall, whenever required by any creditor so to do, provide the creditor with a list of the creditors showing the amount of the debt due to each creditor, and the creditor requiring such list shall pay a fee at the prescribed rate.
(Amended 76 of 1996 s. 47; 18 of 2005 s. 29)[cf. 1914 c. 59 s. 84 U.K.]

88. Trustee to provide statement of accounts
It shall be lawful for any creditor, with the concurrence of one-fourth of the creditors (including himself), at any time to call upon the trustee to provide the creditors with a statement of the accounts up to the date of such notice, and the trustee shall upon receipt of such notice provide the statement of the accounts:
Provided that the person at whose instance the accounts are provided shall, if so required, deposit with the trustee a sum sufficient to pay the costs of providing the accounts, which sum shall be repaid to him out of the estate if the court so directs.(Amended 18 of 2005 s. 30)[cf. 1914 c. 59 s. 85 U.K.]

### Bankruptcy Ordinance 《破產條例》

89. Annual statement of proceedings
(1) Every trustee in a bankruptcy shall from time to time, as may be prescribed, and not less than once in every year during the continuance of the bankruptcy, provide the Official Receiver with a statement showing the proceedings in the bankruptcy up to the date of the statement, containing the prescribed particulars and made out in the prescribed form.
(2) The Official Receiver shall cause the statements so provided to be examined, and shall call the trustee to account for any misfeasance, neglect or omission which may appear on the said statements or in his accounts or otherwise, and may apply to the court for an order that the trustee do make good any loss which the estate of the bankrupt may have sustained by the misfeasance, neglect or omission.
(Amended 18 of 2005 s. 31)[cf. 1914 c. 59 s. 87 U.K.]

90. Trustee not to pay into private account
No trustee in a bankruptcy or nominee under a voluntary arrangement shall pay any sums received by him as trustee into his private banking account or use them otherwise than in the administration of the estate.
(Amended 76 of 1996 s. 48)[cf. 1914 c. 59 s. 88 U.K.]

### Bankruptcy Ordinance 《破產條例》

91. Payment of moneys into bank
(1)  The Official Receiver shall open in his name as Official Receiver an account at a bank approved by the Chief Executive and shall pay to the credit thereof all sums received by him as such Official Receiver or as trustee, and every trustee in a bankruptcy, other than the Official Receiver, receiving money as such trustee shall open an account at such bank in the name of the bankrupt’s estate and shall pay to the credit of such account all sums which may from time to time be received by him as such trustee: (Amended 47 of 1984 s. 12; 76 of 1996 s. 72; 18 of 2005 s. 32)
Provided that the Official Receiver may, on the application of the creditors’ committee, authorize any other trustee to make his payments into and out of any other bank specified by the committee in such application, and those payments shall be made in the prescribed manner. (Added 47 of 1984 s. 12. Amended 76 of 1996 s. 74) 
(2) If a trustee at any time retains for more than 10 days a sum exceeding $2,000, or such other amount as the Official Receiver in any particular case may authorize him to retain, then unless he explains the retention to the satisfaction of the Official Receiver, he shall pay interest on the amount so retained in excess at the rate of 20 per cent per annum, and shall have no claim to remuneration, and may be removed from his office by the Official Receiver and shall be liable to pay any expenses occasioned by reason of his default. (Amended 47 of 1984 s. 12) [cf. 1914 c. 59 s. 89(5) U.K.]
(3) Any trustee paying money into his private banking account or using it otherwise than in the administration of the estate may without prejudice to any other liability be dismissed from office without remuneration and may be ordered by the court to make good all losses and expenses which the creditors may suffer in consequence of his conduct.

### Bankruptcy Ordinance 《破產條例》

92. Record and account to be kept by trustee
(1) The trustee shall keep a record in writing in which he shall enter a minute of all proceedings had and resolutions passed at any meeting of creditors or of the creditors’ committee and a statement of all negotiations and proceedings necessary to give a correct view of the management of the bankrupt’s property. Such record shall be produced for inspection to the Official Receiver at any time on demand. (Amended 18 of 2005 s. 33)
(2) The trustee shall also keep an account, to be called the estate account, in the form of an ordinary debtor and creditor account, in which he shall enter from day to day all his receipts and payments as trustee.
(3) The trustee shall produce at every meeting of creditors and at every meeting of the creditors’ committee the record and account above-mentioned and also the pass-book of the estate’s bank account, and such documents shall be open to the inspection of any creditor at all reasonable times.
(Amended 76 of 1996 s. 74)