PART 4RECEIVERSHIP

CHAPTER 2Administrative receivers (other than in Scottish receiverships)

4

1

A requirement under section 47(1) for a nominated person to make out and submit to the administrative receiver a statement of the affairs of the company must be made by a notice delivered to such a person.

2

The notice must be headed “Notice requiring statement of affairs” and must—

a

identify the company immediately below the heading;

b

require the recipient to prepare and submit to the administrative receiver a statement of the affairs of the company; and

c

inform each recipient of—

i

the name and address of any other nominated person to whom a notice has been delivered,

ii

the date by which the statement must be delivered to the administrative receiver, and

iii

the effect of sections 47(6) (penalty for non-compliance) and 235 (duty to co-operate with the office-holder).

3

The administrative receiver must inform each nominated person that a document for the preparation of the statement of affairs capable of completion in compliance with rule 4.7 can be supplied if requested.