http://www.legislation.gov.uk/uksi/2016/1024/rule/10.97/2021-09-30The Insolvency (England and Wales) Rules 2016texttext/xmlenStatute Law DatabaseINSOLVENCY, ENGLAND AND WALES;COMPANIES, INDIVIDUALS2024-07-02Expert Participation2021-09-30 These Rules set out the detailed procedures for the conduct of all company and personal insolvency proceedings in England and Wales under the Insolvency Act 1986 and otherwise give effect to that Act. These Rules supersede the Insolvency Rules 1986 (SI 1986/1925 as amended). Those Rules are revoked along with 29 amending Rules. These Rules give effect to amendments made to the Insolvency Act by the Enterprise and Regulatory Reform Act 2011 (c.24), the Deregulation Act 2015 (c.20) and the Small Business, Enterprise and Employment Act 2015 (c.26). PART 10BANKRUPTCYCHAPTER 7Special managerAccounting101The special manager must produce accounts, containing details of the special manager's receipts and payments, for the approval of the trustee.2The accounts must be for—aeach three month period for the duration of the special manager's appointment; orbany shorter period ending with the termination of the special manager's appointment.3When the accounts have been approved, the special manager's receipts and payments must be added to those of the trustee.
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