245. Duty of administrator and deed administrator in relation to accounting records

An administrator or a deed administrator shall make accounting records that correctly record and explain, in relation to the period of the administration or in relation to the period of the deed administration, as the case may be, of all receipts, payments and other transactions relating to the property and undertaking of the company.

On an application to court by an interested person, the court may order that the applicant may inspect the accounting records referred to in subsection (1) on such terms and conditions as necessary.

The accounting records referred to in subsection (1)

An administrator or deed administrator who fails to comply with this section commits an offence.