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This guidance describes the general functions of Accountant in Bankruptcy, interim trustees, trustees and commissioners in relation to their responsibilities regarding bankruptcies which started on or after 30 November 2016.
13.4 Appointment of a replacement trustee under Section 69 or 66 of the Act
The former trustee should only submit their account for audit if requested to do so by the replacement trustee and the accounting period will be amended to end on the date the replacement trustee is appointed.
If the replacement trustee does not require the above the accounting period will not be amended and they will be responsible for the submission of the account for any outstanding period of the former trustee.