§ In the case of every voluntary trust deed granted by an insolvent for behoof of his creditors generally, where there is no provision made in gremio of the trust deed for the audit of the trustee's accounts, and the fixing of his remuneration by a committee of the creditors, or where such committee is not appointed or does not act, the trustee, before making a final division of the estate among the creditors, shall submit his accounts to the accountant, who shall audit. the same and fix the amount of the trustee's remuneration; and the accountant may, and is hereby authorised to make such regulations as he may deem expedient for giving effect to the requirements of this Section. Any trustee who shall fail to observe the provisions of this Section, or of the regulations, if any, made by the accountant, shall forfeit all claim to commission or other remuneration in respect of his acting as trustee.
§ Amendment made: After the word "granted" ["voluntary trust deed granted"], insert the words, "after the commencement of this Act."