10.86.—(1) Before giving a notice that the administration of the bankrupt’s estate is for practical purposes complete to the Secretary of State under section 299(2), the official receiver must deliver a notice of intention to do so to the creditors and to the bankrupt.
(2) The notice must be accompanied by a summary of the official receiver’s receipts and payments as trustee.
(3) When the Secretary of State has determined the date from which the official receiver’s release is effective, the Secretary of State must—
(a)where the bankruptcy was based on a bankruptcy application, deliver a notice of release to the official receiver; or
(b)in all other cases, file a notice of the release with the court.
(4) The Secretary of State’s notice to the court must be accompanied by the summary of the official receiver’s receipts and payments.