Article 97 Application under Article 150A(5) of the 1989 Order to disapply Article 150A of the 1989 Order
(1)
An application under Article 150A(5) of the 1989 Order shall be accompanied by an affidavit by the postal administrator.
(2)
The affidavit 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.