PART 3ADMINISTRATION

CHAPTER 1Interpretation for this Part

Proposed administrator's statement and consent to actC13

1

References in this Part to a consent to act are to a statement by a proposed administrator headed “Proposed administrator's statement and consent to act” which contains the following—

a

identification details for the company immediately below the heading;

b

a certificate that the proposed administrator is qualified to act as an insolvency practitioner in relation to the company;

c

the proposed administrator's IP number;

d

the name of the relevant recognised professional body which is the source of the proposed administrator's authorisation to act in relation to the company;

e

a statement that the proposed administrator consents to act as administrator of the company;

f

a statement whether or not the proposed administrator has had any prior professional relationship with the company and if so a short summary of the relationship;

g

the name of the person by whom the appointment is to be made or the applicant in the case of an application to the court for an appointment; and

h

a statement that the proposed administrator is of the opinion that the purpose of administration is reasonably likely to be achieved in the particular case.

2

The statement and consent to act must be authenticated and dated by the proposed administrator.

3

Where a number of persons are proposed to be appointed to act jointly or concurrently as the administrator of a company, each must make a separate statement and consent to act.