Regulation 98

Unless otherwise directed by the Court, every liquidator of an LLP which is being wound up by the Court shall pay, without deduction, all moneys received by him, as liquidator of the LLP, to the Limited Liability Partnerships Liquidation Account.

Such remittances are to be made once a week, or immediately if a sum of $1,000 or more has been received by the liquidator. The remittances may be made by cheque crossed “Official Receiver, credit of Limited Liability Partnerships Liquidation Account.”.