CTHIn ForceLegislation
Insolvency Practice Rules (Bankruptcy) 2016
42‑70 Keeping proper records in relation42‑70 Keeping proper records in relation to work done
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42‑70 Keeping proper records in relation to work done
A registered trustee must ensure that proper records are kept that: (a) adequately describe the nature of the work; and (b) if the trustee’s remuneration is worked out wholly or partly on a time‑cost basis—provide evidence of the time spent on work done in conducting an administration.