Paragraph 19 C1F1

Paragraph 47 is modified so as to read as follows—

“47.

(1)

As soon as is reasonably practicable after appointment the administrator of a partnership shall by notice in the prescribed form require one or more relevant persons to provide the administrator with a statement of the affairs of the partnership.

(2)

The statement must—

(a)

be verified by a statement of truth in accordance with Civil Procedure Rules,

(b)

be in the prescribed form,

(c)

give particulars of the partnership property, debts and liabilities,

(d)

give the names and addresses of the creditors of the partnership,

(e)

specify the security held by each creditor,

(f)

give the date on which each security was granted, and

(g)

contain such other information as may be prescribed.

(3)

In sub-paragraph (1) “relevant person” means—

(a)

a person who is or has been an officer of the partnership,

(b)

a person who took part in the formation of the partnership during the period of one year ending with the date on which the partnership enters administration,

(c)

a person employed by the partnership during that period, and

(d)

a person who is or has been during that period an officer or employee of a partnership which is or has been during that year an officer of the partnership.

(4)

For the purpose of sub-paragraph (3) a reference to employment is a reference to employment through a contract of employment or a contract for services.”.