Record Book
40.—(1)  The liquidator must keep a book (whether in physical or electronic form) to be called the Record Book, in which the liquidator must record —
(a)all minutes of proceedings at any meeting of the creditors or contributories, or of the committee of inspection, if any;
(b)any resolution passed at any meeting mentioned in sub‑paragraph (a); and
(c)any matter that may be necessary to give a correct view of the liquidator’s administration of the company’s affairs.
(2)  Despite paragraph (1), the liquidator is not required —
(a)to record in the Record Book any document of a confidential nature, including a legal opinion relating to any matter affecting the interest of the creditors or contributories; or
(b)to exhibit any document mentioned in sub‑paragraph (a) to any person other than a member of the committee of inspection (if any) or the Official Receiver.
(3)  This regulation applies to a provisional liquidator who is appointed by the Court under section 138 of the Act.