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Rule 3.47 Rescission or amendment of order for limited disclosureC1

(1)

If there is a material change in circumstances rendering an order for limited disclosure under rule 3.45(2) wholly or partially unnecessary, the administrator must, as soon as reasonably practicable after the change, apply to the court for the order to be rescinded or amended.

(2)

If the court makes such an order, the administrator must as soon as reasonably practicable deliver to the registrar of companies—

(a)

a copy of the order; and

(b)

the statement of affairs, the statement of proposals and any statement of concurrence to the extent provided by the order.

(3)

If the order relates to the statement of proposals, the administrator must as soon as reasonably practicable also deliver to the creditors and members the statement of proposals to the extent allowed by the order.

Annotations

Modifications

C1

Rules 3.44-3.52 applied (with modifications) (19.3.2024) by The Water Industry (Special Administration) (England and Wales) Rules 2024 (S.I. 2024/229), rules 1, 5, 48, 49, Sch. (with rule 2(2))