12.—(1) This regulation does not apply in the case of a members' voluntary winding up.
(2) Where the liquidator carries on any business of the company, he shall—
(a)keep a separate and distinct account of the trading, including, where appropriate, in the case of a winding up by the court, particulars of all local bank account transactions; and
(b)incorporate in the financial records required to be kept under regulation 10 above the total weekly amounts of the receipts and payments made by him in relation to the account kept under sub-paragraph (a) above.