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Regulation 26 Trustee carrying on business

Original text. Later amendments are not shown.

Subject to paragraph (2) below, where the trustee carries on any business of the bankrupt, he shall—

(a)

keep a separate and distinct account of the trading, including, where appropriate, particulars of all local bank account transactions; and

(b)

incorporate in the financial records required to be kept under regulation 24 above the total weekly amounts of the receipts and payments made by him in relation to the account kept under paragraph (a) above.