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    <title>Mutual credits and set-off</title>
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    <description>Regulation 28 allows netting of reciprocal debts between a corporate person and another party in voluntary liquidation: sums due from one party are set off against sums due from the other to determine a single net amount payable to the corporate person or the counterparty, extinguishing reciprocal liabilities to the extent of mutuality.</description>
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