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Rule 6 Proposed T&S administrator’s statement and consent to act

Original text. Later amendments are not shown.

(1)

References in this Part to a “statement and consent to act” are to a statement by a proposed T&S administrator which complies with the requirements of paragraphs (2) to (4).

(2)

The statement must—

(a)

be headed “Proposed T&S administrator’s statement and consent to act”;

(b)

include, immediately below the heading, the full name, registered address, registered number and any other trading names of the T&S company.

(3)

The statement must contain the following—

(a)

a certificate that the proposed T&S administrator is qualified to act as an insolvency practitioner in relation to the company;

(b)

the proposed T&S administrator’s IP number;

(c)

the name of the relevant recognised professional body which is the source of the proposed T&S administrator’s authorisation to act in relation to the company;

(d)

a statement that the proposed T&S administrator consents to act as the T&S administrator of the T&S company;

(e)

a statement whether or not the proposed T&S administrator has had any prior professional relationship with the company and, if so, a short summary of that relationship;

(f)

the name of the applicant;

(g)

a statement that the proposed T&S administrator is of the opinion that the objective of the T&S company administration is reasonably likely to be achieved in the particular case.

(4)

The statement must be authenticated and dated by the proposed T&S administrator.

(5)

Where it is proposed to appoint joint T&S administrators, each of them must provide a separate statement and consent to act.