Arbitration agreements to which bankrupt is party
420.—(1)  This section applies where a bankrupt had become party to a contract containing an arbitration agreement before the commencement of his or her bankruptcy.
(2)  If the Official Assignee adopts the contract, the arbitration agreement is enforceable by or against the Official Assignee in relation to matters arising from or connected with the contract.
(3)  If the Official Assignee does not adopt the contract and a matter to which the arbitration agreement applies requires to be determined in connection with or for the purposes of the bankruptcy proceedings —
(a)the Official Assignee; or
(b)any other party to the agreement,
may apply to the Court which may, if the Court thinks fit in all the circumstances of the case, order that the matter be referred to arbitration in accordance with the arbitration agreement.