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PART 8INDIVIDUAL VOLUNTARY ARRANGEMENTS (IVA)

CHAPTER 3Cases in which an application for an interim order is made

Nominee’s report on the proposal

8.15.—(1) The nominee’s report under section 256 must be filed with the court not less than two business days before the interim order ceases to have effect, accompanied by—

(a)a copy of the report;

(b)a copy of the proposal (as amended, if applicable, under rule 8.2(2); and

(c)a copy of any statement of affairs or a summary of such a statement.

(2) The nominee must also deliver a copy of the report to the debtor.

(3) The nominee’s report must explain whether or not the nominee considers that the proposal has a reasonable prospect of being approved and implemented and whether or not creditors should be invited to consider the proposal.

(4) The court must endorse the nominee’s report and the copy of it with the date on which they were filed and return the copy to the nominee.

(5) Where the debtor is an undischarged bankrupt, the nominee must deliver to the official receiver and any trustee, a copy of—

(a)the proposal;

(b)the nominee’s report; and

(c)any statement of affairs or summary of such a statement.

(6) Where the debtor is not an undischarged bankrupt, the nominee must deliver a copy of each of those documents to any person who has presented a bankruptcy petition against the debtor.