162 Duty to report on completion of default proceedings
Companies Act 1989 (1989 c 40) | Legislation

162  Duty to report on completion of default proceedings

(1)     [Subject to subsection (1A),] [a recognised body] shall, on the completion of proceedings under its default rules, report to the [appropriate regulator] on its proceedings stating in respect of each creditor or debtor the sum [or sums] certified by them to be payable from or to the defaulter or, as the case may be, the fact that no sum is payable.

[(1A)     A recognised overseas investment exchange or recognised overseas clearing house shall not be subject to the obligation under subsection (1)

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