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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 March 2013 - onwards
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173. Keeping and preservation by personal insolvency practitioner of accounts and records.

(1) Subject to subsection (2), the Insolvency Service may make regulations providing for any of the following matters:

(a) the kind or kinds of accounts at banks authorised to carry on business in the State which may be opened and kept by a personal insolvency practitioner for the keeping of moneys received from debtors;

(b) the opening and keeping of such accounts by a personal insolvency practitioner and in particular the keeping of moneys received from or for the credit of or on behalf of debtors in a client account maintained specifically for that purpose;

(c) the rights, duties and responsibilities of a personal insolvency practitioner in respect of moneys received from debtors, including the transmission of such moneys to creditors and the deduction of fees, charges and outlays due to the personal insolvency practitioner;

(d) the receipts or statements to be issued by a personal insolvency practitioner in respect of moneys received from debtors;

(e) the accounting records to be

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