# The Insolvency Rules 1986, Rule 1.35: Preparation of proposal by directors and submission to nominee


(1) The document containing the proposal referred to in paragraph 6(1)(a) of Schedule A1 to the Act shall—
(a) be prepared by the directors;
(b) comply with the requirements of paragraphs (1) and (2) of Rule 1.3 (save that the reference to preferential creditors shall be to preferential creditors within the meaning of paragraph 31(8) of Schedule A1 to the Act); and
(c) state the address to which notice of the consent of the nominee to act and the documents referred to in Rule 1.38 shall be sent.
(2) With the agreement in writing of the nominee, the directors may amend the proposal at any time before submission to them by the nominee of the statement required by paragraph 6(2) of Schedule A1 to the Act.

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Source: https://www.legislation.gov.uk/uksi/1986/1925/rule/1.35 (the official version)
Page: https://openlegislation.uk/insolvency-rules-1986/rule-1.35
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.