OpenLegislation

Rule 69 Application under section 176A(5) of the 1986 Act to disapply section 176A of the 1986 Act

Original text. Later amendments are not shown.

An application under section 176A(5) of the 1986 Act (share of assets for unsecured creditors) shall include averments as to—

(a)

the fact that the application arises in the course of an energy supply company administration;

(b)

the financial position of the energy supply company;

(c)

the basis of the energy administrator’s view that the cost of making a distribution to unsecured creditors would be disproportionate to the benefits; and

(d)

whether any other insolvency practitioner is acting in relation to the energy supply company and, if so, the address of that insolvency practitioner.