{
  "url": "https://openlegislation.uk/small-business-enterprise-and-employment-act-2015/schedule-9/paragraph-29",
  "json_url": "https://openlegislation.uk/small-business-enterprise-and-employment-act-2015/schedule-9/paragraph-29.json",
  "legislation": "ukpga/2015/26",
  "legislation_title": "Small Business, Enterprise and Employment Act 2015",
  "legislation_url": "https://openlegislation.uk/small-business-enterprise-and-employment-act-2015",
  "path": "schedule/9/paragraph/29",
  "kind": "paragraph",
  "number": "29",
  "heading": null,
  "text": "For section 106 (creditors' voluntary winding-up: final meetings of company and creditors prior to dissolution) substitute—\n“Final account prior to dissolution\n106 (1) As soon as the company's affairs are fully wound up the liquidator must make up an account of the winding up, showing how it has been conducted and the company's property has been disposed of.\n(2) The liquidator must, before the end of the period of 14 days beginning with the day on which the account is made up—\n(a) send a copy of the account to the company's members,\n(b) send a copy of the account to the company's creditors (other than opted-out creditors), and\n(c) give the company's creditors (other than opted-out creditors) a notice explaining the effect of section 173(2)(e) and how they may object to the liquidator's release.\n(3) The liquidator must during the relevant period send to the registrar of companies—\n(a) a copy of the account, and\n(b) a statement of whether any of the company's creditors objected to the liquidator's release.\n(4) The relevant period is the period of 7 days beginning with the day after the last day of the period prescribed by the rules as the period within which the creditors may object to the liquidator's release.\n(5) If the liquidator does not comply with subsection (2) the liquidator is liable to a fine.\n(6) If the liquidator does not comply with subsection (3) the liquidator is liable to a fine and, for continued contravention, a daily default fine.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 9 para. 29 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 9 para. 29 in force at 6.4.2017 for E.W. in so far as not already in force by S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3)"
    },
    {
      "type": "I",
      "label": "I3",
      "text": "Sch. 9 para. 29 in force at 6.4.2019 for S. in so far as not already in force by S.I. 2019/816, reg. 4(c) (with reg. 5)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2015/26/schedule/9/paragraph/29",
    "retrieved_at": "2026-10-29T09:06:47.994452+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."
}