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The Energy Supply Company Administration Rules 2013
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Changes to legislation:
There are currently no known outstanding effects for the The Energy Supply Company Administration Rules 2013, Section 97.
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Application under section 176A(5) of the 1986 Act to disapply section 176A of the 1986 ActU.K.
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adran has no associated
Memorandwm Esboniadol
97.—(1) An application under section 176A(5) of the 1986 Act M1 must be accompanied by a witness statement by the energy administrator.
(2) The witness statement must state—
(a)that the application arises in the course of an energy supply company administration;
(b)a summary of the financial position of the energy supply company;
(c)the information substantiating the energy administrator's view that the cost of making a distribution to unsecured creditors would be disproportionate to the benefits; and
(d)whether any other office holder is acting in relation to the energy supply company and if so that office holder's address.
Marginal Citations
M11986 c. 45; section 176A inserted by the Enterprise Act 2002 (c. 40), section 252.
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