2.—(1) After paragraph (2)(c) of Rule 1.3 there is inserted—
“(ca)an estimate (to the best of the directors' knowledge and belief and subject to paragraph (4)) of—
(i)the value of the prescribed part, should the company go into liquidation if the proposal for the voluntary arrangement is not accepted, whether or not section 176A is to be disapplied; and
(ii)the value of the company’s net property on the date that the estimate is made.”
(2) After paragraph (3) there is inserted—
“(4) Nothing in paragraph (2)(ca) is to be taken as requiring the estimate referred to in that paragraph to include any information, the disclosure of which could seriously prejudice the commercial interests of the company. If such information is excluded from the calculation the estimate shall be accompanied by a statement to that effect.”.