162. The following provisions shall apply to every case in which proceedings are taken either by action, application, or in any other manner, against any Official Receiver in respect of anything done or default made by him, when acting, or in the bona fide and reasonable belief that he is acting, in pursuance of the Law or in execution of the powers given to Official Receivers by the Law:-
(a) subject to the provisions of the next following paragraph, the costs, damages, and expenses which the Official Receiver may have to pay, or to which he may be put under such proceedings, shall be paid out of the estate of the debtor;
(b) as soon as any such proceedings are commenced it shall be the duty of the Official Receiver to report the same to the Attorney-General, who shall determine whether or not such proceedings shall be resisted or defended;
(e) the Official Receiver shall not, unless the Court shall otherwise order, be entitled to be paid out of the estate any costs or expenses which he may have to pay or bear in consequence of resisting or defending any such proceedings, unless the Attorney-General has determined that such proceedings shall be resisted or defended;
(d) if such proceedings are commenced before the appointment of a trustee by the creditors, or before the approval of a composition or scheme, the Official Receiver may, before putting the trustee appointed by the creditors, or in the case of a composition or scheme the debtor or the trustee thereunder, into possession of the debtor’s property, retain the whole or some part of the debtor’s estate according as the Attorney-General shall in each case direct, to meet the damages, costs, or expenses which the Official Receiver may have to pay or bear in consequence of the said proceedings. If such proceedings are commenced after the appointment of a trustee by the creditors, or after the approval of a composition or scheme, the Official Receiver shall forthwith give notice of such proceedings to the trustee, or other person in whom the estate of the debtor may be vested (including where necessary the debtor himself), and the estate of the debtor shall, as from the date of such notice, he deemed to he charged with the payment of the said damages, costs, and expenses.