[COM 510] Companies Liquidation Account510 

510

An account, to be called the “Companies Liquidation Account”, shall be kept by the Official Receiver with a financial institution licensed under the Banking Act 1995, or such other financial institution as may be prescribed by regulations made under this Act, and all moneys received by the Official Receiver in respect of proceedings under this Act in connection with the winding up of companies must be paid to that account.