PART 7WINDING UP BY THE COURT

CHAPTER 12Special manager

Accounting7

1

The special manager must produce accounts, containing details of the special manager's receipts and payments, for the approval of the liquidator.

2

The accounts must be for—

a

each three month period for the duration of the special manager's appointment; or

b

any shorter period ending with the termination of the special manager's appointment.

3

When the accounts have been approved, the special manager's receipts and payments must be added to those of the liquidator.