(1) The Official Assignee shall be assignee of each bankrupt's estate and act with the creditors' assignee, if any.
(2) Except where otherwise directed by the Court, the property of every bankrupt, and the income and proceeds thereof, shall be possessed and received by the Official Assignee.
(3) All money and securities received by the Official Assignee, being part of a bankrupt's estate, shall be forthwith lodged by him in an account in the Central Bank of Ireland or a bank authorised to carry on business in the State and shall be kept there to the credit of the Official Assignee subject to the provisions of this Act, any regulations made under subsection (6) and the directions of the Court.
(4) Subject to section 84, all money and securities which, immediately before the commencement of this Act, stood to the credit of bank accounts in bankruptcy or arrangement matters shall be dealt with pursuant to rules of court.
(5) The Official Assignee, with the leave of the Court, may from tim
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