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Changes over time for: Section 5
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Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 06/04/2017.
Changes to legislation:
There are currently no known outstanding effects for the The Insolvency (England and Wales) Rules 2016, Section 5.
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Changes to Legislation
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Delivery of proposed final account to members (section 94)E+W
This section has no associated Explanatory Memorandum
5.9.—(1) The liquidator must deliver a notice to the members accompanied by the proposed final account required by section 94(1) and rule 18.14 giving them a minimum of eight weeks' notice of a specified date on which the liquidator intends to deliver the final account as required by section 94(2).
(2) The notice must inform the members that when the company's affairs are fully wound up—
(a)the liquidator will make up the final account and deliver it to the members; and
(b)when the final account is delivered to the registrar of companies the liquidator will be released under section 171(6) .
(3) The affairs of the company are not fully wound up until the latest of—
(a)the period referred to in paragraph (1) having expired without the liquidator receiving any request for information under rule 18.9 or the filing of any application to court under that rule or under rule 18.34 (application to court on the grounds that the liquidator's remuneration or expenses are excessive);
(b)any request for information under rule 18.9 having been finally determined (including any applications to court under that rule); or
(c)any application to the court under rule 18.34 having been finally determined.
(4) However the liquidator may conclude that the company's affairs are fully wound up before the period referred to in paragraph (1) has expired if every member confirms in writing to the liquidator that they do not intend to make any such request or application.
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