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The Energy Administration (Scotland) Rules 2006

S.I. 2006/772 · Made 13 March 2006

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INSOLVENCY, SCOTLAND

COMPANIES

Made 13th March 2006

Laid before Parliament 15th March 2006

Coming into force 6th April 2006

The Secretary of State makes the following Rules, in exercise of the powers conferred by section 411 of the Insolvency Act 1986f1 and section 159(3) of the Energy Act 2004f2:

Annotations to the whole text

Footnotes

f1

1986 c. 45, as amended by the Enterprise Act 2002 (c. 40). Section 411 was amended by the Insolvency Act 1986 (Amendment) Regulations 2002 (S.I. 2002/1037).

f2

2004 c. 20.

Contents

  1. Part 1: Construction and Interpretation
  2. 1Citation and commencement
  3. 2Construction and interpretation
  4. 3Application
  5. Part 2: Appointment of Energy Administrator by Court
  6. 4Form of application
  7. 5Service of petition
  8. 6Expenses
  9. 7Notice of dismissal of application for an energy administration order
  10. Part 3: Process of Energy Administration
  11. 8Notification and advertisement of energy administrator’s appointment
  12. 9Notice requiring statement of affairs
  13. 10Statements of affairs and statements of concurrence
  14. 11Limited disclosure
  15. 12Release from duty to submit statement of affairs; extension of time
  16. 13Expenses of statement of affairs
  17. 14Energy administrator’s proposals
  18. Part 4: Meetings and Reports
  19. 15Meetings generally and notice
  20. 16Adjournment
  21. 17The chairman at meetings
  22. 18Quorum at meeting of creditors
  23. 19Chairman of meeting as proxy holder
  24. 20Meeting following nomination of alternative liquidator
  25. 21Entitlement to vote (creditors and members)
  26. 22Hire-purchase, conditional sale and hiring agreements
  27. 23Disposal of secured property
  28. 24Resolutions
  29. 25Report of Meeting
  30. 26Revision of the energy administrator’s proposals
  31. 27Reports to creditors
  32. Part 5: Claims in Energy Administration
  33. 28Submission of claims
  34. 29Secured debts
  35. 30Entitlement to vote and draw dividend
  36. 31Adjudication of claims
  37. 32Evidence in relation to claims
  38. 33Criminal offences in relation to false claims or evidence
  39. 34Amount which may be claimed generally
  40. 35Debts depending on contingency
  41. 36Liabilities and rights of co-obligants
  42. 37Claims in foreign currency
  43. Part 6: Distribution to Creditors
  44. 38Application of Part and general
  45. 39Order of priority in distribution
  46. 40Expenses of the energy administration
  47. 41Assets to be distributed
  48. 42Procedure after accounting period
  49. 43Unclaimed Dividends
  50. Part 7: Ending Energy Administration
  51. 44Final progress reports
  52. 45Application to court
  53. 46Notification by energy administrator of court order
  54. 47Moving from energy administration to creditors' voluntary liquidation
  55. 48Moving from energy administration to dissolution
  56. 49Provision of information to the Secretary of State
  57. Part 8: Replacing energy administrator
  58. 50Grounds for resignation
  59. 51Notice of intention to resign
  60. 52Notice of resignation
  61. 53Application to court to remove energy administrator from office
  62. 54Incapacity to act, through death or otherwise
  63. 55Application to replace
  64. 56Joint or concurrent appointments
  65. 57Notification and advertisement of appointment of replacement energy administrator
  66. 58Hand-over of assets to successor energy administrator
  67. Part 9: Prescribed Part
  68. 59Application under section 176A(5) of the 1986 Act to disapply section 176A of the 1986 Act
  69. 60Notice of order under section 176A(5) of the 1986 Act
  70. Part 10: Proxies and Company representation
  71. 61Definition of “proxy”
  72. 62Form of proxy
  73. 63Use of proxy at meeting
  74. 64Retention of proxies
  75. 65Right of inspection
  76. 66Proxy-holder with financial interest
  77. 67Representation of corporations
  78. Part 11: Miscellaneous and General
  79. 68Giving of notices, etc.
  80. 69Sending by post
  81. 70Certificate of giving notice, etc.
  82. 71Validity of proceedings
  83. 72Evidence of proceedings at meetings
  84. 73Right to list of creditors and copy documents
  85. 74Confidentiality of documents
  86. 75Energy administrator’s caution
  87. 76Punishment of offences
  88. 77Forms for use in energy administration proceedings
  89. 78Fees, expenses, etc.
  90. 79Power of court to cure defects in procedure
  91. 80Sederunt book
  92. 81Disposal of protected energy company’s books, papers and other records
  93. 82Information about time spent on a case
  94. Signature
  95. Schedule Schedule
  96. Explanatory note