PART 6Expenses of the Relevant Licensee Nuclear Company Administration

Pre-relevant-licensee-nuclear-company-administration costs43

1

Paragraph (2) applies where the nuclear administrator has made a statement of pre-relevant-licensee-nuclear-company-administration costs under rule 21(2)(k) (matters to be included in statement of proposals).

2

The relevant office holder must, before pre-relevant-licensee-nuclear-company-administration costs are paid, apply to the court for a determination of whether and to what extent such costs are approved for payment.

3

In paragraph (2) the “relevant office holder” means—

a

the nuclear administrator, where the costs consist of fees charged or expenses incurred by the nuclear administrator;

b

another insolvency practitioner, where the costs consist of fees charged or expenses incurred by that practitioner.