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PART 2E+WCOMPANY VOLUNTARY ARRANGEMENTS (CVA)

CHAPTER 4E+WProcedure for a CVA with a moratorium

Withdrawal of nominee's consent to act (paragraph 25(5) of Schedule A1)E+W

2.21.—(1) A nominee who withdraws consent to act, must file with the court and otherwise deliver a notice under paragraph 25(5) of Schedule A1 as soon as reasonably practicable.

(2) The notice filed with the court must—

(a)identify the company;

(b)give the name and address of the nominee;

(c)specify the date on which the nominee withdrew consent;

(d)state, with reference to the reasons at paragraph 25(2) of that Schedule, why the nominee withdrew consent; and

(e)be authenticated and dated by the nominee.