Article 95 Application under section 176A(5) of the 1986 Act to disappply section 176A of the 1986 ActI1
England and Wales
An application under section 176A(5) of the 1986 Actf1 shall be accompanied by an affidavit prepared and sworn by the energy administrator.
The affidavit shall state—
that the application arises in the course of an energy administration;
a summary of the financial position of the protected energy company;
the information substantiating the energy administrator’s view that the cost of making a distribution to unsecured creditors would be disproportionate to the benefits; and
whether any other insolvency practitioner is acting in relation to the protected energy company and if so his address.
Annotations
Commencement
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Rule 95 in force at 1.10.2005, see rule 1
Footnotes
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1986 c. 45; section 176A inserted by the Enterprise Act 2002 c. 40, section 252.