154. An application under section 176A(5) of the 1986 Act(1) (share of assets for unsecured creditors) shall include averments—
(a)that the application arises in respect of a special administration;
(b)as to the financial position of the investment bank; and
(c)as to the basis of the applicant’s view that the cost of making a distribution to unsecured creditors would be disproportionate to the benefits.
1986 c.45; section 176A was inserted by the Enterprise Act 2002 (c.40), section 252 and amended by S.I. 2008/948.