Statement of proposed administrator
This section has no associated Explanatory Memorandum
7. An application must be accompanied by a statement by the proposed administrator—
(a)specifying the name and address of the person (or each person) proposed to be appointed;
(b)giving that person’s (or each person’s) consent to act;
(c)giving details of that person’s (or each person’s) qualification to act as an insolvency practitioner; and
(d)giving details of any prior professional relationship that the person (or any of them) has had with the investment bank.