# The PPP Administration Order Rules 2007, Rule 20: Statement to be annexed to proposals

Extent: E+W

(1) Subject to paragraph (5), a statement shall be annexed by the special PPP administrator to his proposals sent under section 23(1) of the 1986 Act in Form PPP13 to the relevant persons showing—
(a) details relating to his appointment as special PPP administrator;
(b) the names of the directors and secretary of the PPP company;
(c) an account of the circumstances giving rise to the application for a PPP administration order;
(d) if a statement of affairs has been submitted, a copy or summary of it, with the special PPP administrator’s comments, if any;
(e) if no statement of affairs has been submitted, details of the financial position of the PPP company at the latest practicable date (which must, unless the court otherwise orders, be a date not earlier than that of the PPP administration order);
(f) the manner in which the affairs and business of the PPP company—
(i) have since the date of the special PPP administrator’s appointment, been managed and financed, and
(ii) will continue to be managed and financed; and
(g) such other information (if any) as the special PPP administrator thinks necessary.
(2) Subject to paragraph (5), where the special PPP administrator has cause to amend or alter his proposals, he shall send in Form PPP14 details of these revisions and the reasons for them to the relevant persons.
(3) Where the Mayor or the special PPP administrator intends to apply to the court under section 18 of the 1986 Act for a PPP administration order to be discharged at a time before the special PPP administrator has sent a statement of his proposals to the relevant persons, he shall, at least 10 days before he makes such an application, send to the relevant persons (so far as he is aware of their addresses) and to the Mayor or the special PPP administrator (as appropriate) a report containing the information required by paragraph (1)(a) to (g) of this rule.
(4) In this rule, “the relevant persons” are the members of the company and the persons referred to in section 23(2A) of the 1986 Act.
(5) Where the special PPP administrator publishes a notice in accordance with section 23(2B)(b) of the 1986 Act stating an address to which members of the PPP company should write for copies of the relevant statement to be sent to them free of charge, the special PPP administrator is not required to send a copy of the relevant statement nor such further information as this rule requires to a member of the PPP company unless that member has written to request a copy.

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Source: https://www.legislation.gov.uk/uksi/2007/3141/rule/20 (the official version)
Page: https://openlegislation.uk/ppp-administration-order-rules-2007/rule-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.