171FLiquidators to account to DI fund manager

171F Liquidators to account to DI fund manager (1) This section applies if a liquidator receives an amount (the settlement amount) under section 171E (2) (a) (i). (2) For each prescribed period, the liquidator must give the DI fund manager a written statement setting out the payments made by the liquidator out of the settlement amount during the period. (3) A statement under subsection (2) must— (a) be given to the DI fund manager not later than 2 weeks after the end of the prescribed period to which it relates; and (b) be certified as correct by an auditor. prescribed period, in relation to a settlement amount, means— (a) the period of 3 months starting the day after the settlement amount is received; and (b) each following period of 3 months, ending at the end of the 3- month period when the liquidator pays the last amount to the claimant out of the settlement amount.