Paragraph 2 Amendment of Regulation 5

For regulation 5(3) there shall be substituted the following—

“(3)

Every payment of money into the Insolvency Services Account under this regulation shall be—

(a)

made through the Bank Giro system; or

(b)

sent direct to the Bank of England, Threadneedle Street, London EC2R 8AH by cheque drawn in favour of the “Insolvency Services Account” and crossed “A/c payee only” “Bank of England”; or

(c)

made by electronic transfer,

and the liquidator shall on request be given by the Department a receipt for the money so paid.”