Subject to this section and section 309, the trustee may by notice in writing claim for the bankrupt's estate any property which has been acquired by, or has devolved upon, the bankrupt since the commencement of the bankruptcy.
A notice under this section shall not be served in respect of—
Subject to subsections (4) and (4A) , upon the service on the bankrupt of a notice under this section the property to which the notice relates shall vest in the trustee as part of the bankrupt's estate; and the trustee's title to that property has relation back to the time at which the property was acquired by, or devolved upon, the bankrupt.
Where, whether before or after service on the bankrupt of a notice under this section—
the trustee is not in respect of that property ... entitled by virtue of this section to any remedy against that person ..., or any person whose title to any property derives from that person ....
References in this section to property do not include any property which, as part of the bankrupt's income, may be the subject of an income payments order under section 310.