21Refusal of debtor application: inappropriate applicationS
(1)This section applies where a debtor application is made and AiB considers that an award of sequestration may not be appropriate in the circumstances of the case.
(2)AiB must specify by notice in writing to the debtor—
(a)the reason why AiB considers the application may not be appropriate, and
(b)any further information which must be provided within 21 days (or such greater number of days as may be specified by AiB) beginning with the day on which notice is sent under this subsection.
(3)AiB may refuse to award sequestration if, after the expiry of the days referred to in subsection (2)(b), AiB remains of the view that an award of sequestration would be inappropriate in the circumstances of the case.
Commencement Information
I1S. 21 in force at 30.11.2016 by S.S.I. 2016/294, reg. 2