Issue of new certificate to trustee in bankruptcy, etc

(1) Where a registered proprietor, chargee or incumbrancee of any registered land has been adjudicated bankrupt, or where the estate of a registered proprietor, chargee or incumbrancee has become subject of liquidation by arrangement under the Bankruptcy Act, the land, legal charge or incumbrance, as the case may be, shall transmit to the trustee of the estate, in the case of bankruptcy as from the date of the order of adjudication, and in the case of liquidation by arrangement as from the date of the appointment of the trustee of the estate. (2) The Registrar shall, upon the request of any such trustee as aforesaid, accompanied by the documents proving the facts being presented to him, issue to the trustee a certificate of title in lieu of that in favour of the registered proprietor so adjudged bankrupt or whose estate is in liquidation, as the case may be, and the duplicate copy of the certificate of title in the hands of such registered proprietor shall be delivered up to be cancelled. (3) The same procedure shall be followed in the issue of the new certificate, as far as the circumstances will permit, as is prescribed in section 33 in the case of the issue of a new certificate to a personal representative.