Summary administration in small cases

When a petition is presented by or against a debtor, if the court is satisfied by affidavit or otherwise, or the Official Receiver reports to the court that the property of the debtor is not likely to exceed in value one thousand five hundred dollars, the court may make an order that the debtor’s estate be administered in a summary manner, and thereupon this Act shall be subject to the following modifications, (a) if the debtor is adjudged bankrupt, the Official Receiver shall be the trustee in the (b) there shall be no committee of inspection, but the Official Receiver may do, with the permission of the court, all things which may be done by the trustee with the permission of the committee of inspection; (c) such other modifications may be made in this Act as may be prescribed by general rules with the view of saving expense and simplifying procedure, but nothing in this section shall permit the modification of the provisions of this Act relating to the examination or discharge of the debtor, Provided that the creditors may at any time by special resolution resolve that some person other than the Official Receiver be appointed trustee in the bankruptcy, and thereupon the bankruptcy shall proceed as if an order for summary administration had not been made.