# Banking Act 2009, Section 127: Insolvency Services Account


A bank liquidator who obtains money by realising assets in the course of the bank insolvency must pay it into the Insolvency Services Account (kept by the Secretary of State).

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Source: https://www.legislation.gov.uk/ukpga/2009/1/section/127 (the official version)
Page: https://openlegislation.uk/banking-act-2009/section-127
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.