(1) Subject to the provisions of this section, the bankruptcy trustee may, by notice in writing, claim for the estate of the bankrupt any property which has been acquired by or has devolved upon the bankrupt since the bankruptcy commencement date.

(2) A notice under sub-section (1) shall not be served after the end of the period of forty-two days beginning with the day on which it first came to the knowledge of the bankruptcy trustee that such property had been acquired by or had devolved upon the bankrupt.