The Insolvency (Amendment) Regulations 1987
These Regulations amend the Insolvency Regulations 1986 (S.I. 1986/1994), which regulate matters which are of an administrative and not of a judicial character in the conduct of company and individual insolvency proceedings. In particular they:—permit the issuing of cheques in addition to payable orders from the Insolvency Services Account in relation to windings up by the court and bankruptcies;alter the rates for remuneration payable to the official receiver in certain cases;impose obligations as regards the length of time insolvency practitioners must keep records of insolvency cases;effect amendments consequential upon the enactment of the Banking Act 1987.