Rule 12 Release from duty to submit statement of affairs; extension of time

The power of the energy administrator under paragraph 48(2) of Schedule B1 to the 1986 Act to revoke a requirement under paragraph 47(1) of Schedule B1 to the 1986 Act, or to grant an extension of time, may be exercised at the energy administrator’s own instance, or at the request of any relevant person.

A relevant person whose request under this Rule has been refused by the energy administrator may apply to the court for a release or extension of time.

An applicant under this Rule shall bear his own expenses in the application and, unless the court otherwise orders, no allowance towards such expenses shall be made out of the assets of the protected energy company.