# The Postal Administration (Scotland) Rules 2016, Article 70: Application under section 176A(5) of the 1986 Act to disapply section 176A of the 1986 Act

Extent: S

An application under section 176A(5) of the 1986 Act (share of assets for unsecured creditors) shall include averments as to—
(a) the fact that the application arises in the course of a company administration;
(b) the financial position of the company;
(c) the basis of 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 insolvency practitioner is acting in relation to the company and, if so, the address of that insolvency practitioner.

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Source: https://www.legislation.gov.uk/uksi/2016/900/article/70 (the official version)
Page: https://openlegislation.uk/postal-administration-scotland-rules-2016/article-70
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.