{
  "url": "https://openlegislation.uk/insolvency-amendment-regulations-1988/schedule/paragraph-7",
  "json_url": "https://openlegislation.uk/insolvency-amendment-regulations-1988/schedule/paragraph-7.json",
  "legislation": "uksi/1988/1739",
  "legislation_title": "The Insolvency (Amendment) Regulations 1988",
  "legislation_url": "https://openlegislation.uk/insolvency-amendment-regulations-1988",
  "path": "schedule/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": "Amendment of regulation 27",
  "text": "For paragraph (1) of regulation 27 there shall be substituted the following:—\n“(1) In a creditors' voluntary winding up, the liquidator shall prepare and keep—\n(a) separate financial records in respect of each company; and\n(b) such other financial records as are required to explain the receipts and payments entered in the records described in subparagraph (a) above or regulation 10 above as to trading accounts applied by regulation 28 below, including an explanation of the source of any receipts and the destination of any payments;\nand shall, subject to regulation 10 above as to trading accounts applied by regulation 28 below, from day to day enter in those records all the receipts and payments, including those relating to the Insolvency Services Account, made by him.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/1739/schedule/paragraph/7",
    "retrieved_at": "2026-10-29T15:56:55.223845+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}