Rule 15 Notice requiring statement of affairsI1
England and Wales
Where the special PPP administrator decides to require a statement of the PPP company’s affairs to be made out and submitted to him in accordance with section 22 of the 1986 Act, he shall send notice in Form PPP10 to each of the persons whom he considers should be made responsible under that section, requiring them to prepare and submit the statement.
The persons to whom the notice is sent are referred to in this Part as “the deponents”.
The notice shall inform each of the deponents—
of the names and addresses of all others (if any) to whom the same notice has been sent;
of the time within which the statement must be delivered;
of the effect of section 22(6) (penalty for non-compliance) of the 1986 Act; and
of the application to him, and to each of the other deponents, of section 235 (duty to co-operate with office-holder) of the 1986 Act.
The special PPP administrator shall, on request, furnish each deponent with copies of Form PPP11 for the preparation of the statement of affairs.