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Insolvency Law Reform Act 2016
144Books when trading
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144 Books when trading
(1) Section 70‑11 of the Insolvency Practice Schedule (Bankruptcy) does not apply in relation to events:
(b) in respect of which, or because of which, entries in books are to be made.
(2) Despite the repeal of section 174 of the old Act by this Schedule, that section continues to apply in relation to events:
(b) in respect of which, or because of which, accounts and records must be kept.