# The Postal Administration Rules 2013, Rule 97: Application under section 176A(5) of the 1986 Act to disapply section 176A of the 1986 Act

Extent: E+W

(1) An application under section 176A(5) of the 1986 Act shall be accompanied by a witness statement by the postal administrator.
(2) The witness statement shall state—
(a) that the application arises in the course of a postal administration under the 2011 Act;
(b) a summary of the financial position of the company;
(c) the information substantiating the postal administrator’s view that the cost of making a distribution to unsecured creditors would be disproportionate to the benefits; and
(d) whether any other postal administrator is acting in relation to the company and if so their address.

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Source: https://www.legislation.gov.uk/uksi/2013/3208/rule/97 (the official version)
Page: https://openlegislation.uk/postal-administration-rules-2013/rule-97
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.