(1)
As soon as is reasonably practicable after appointment, the administrator of a company shall, by notice in the prescribed form, require one or more relevant persons to provide the administrator with a statement of the affairs of the company.
(2)
The statement shall—
(a)
be verified by a statement on oath ;
(b)
be in the prescribed form ;
(c)
give particulars of the company’s property, debts and liabilities ;
(d)
give the names and addresses of the company’s creditors ;
(e)
specify the security held by each creditor ; (f ) give the date on which each security was granted ; and
(g)
contain such other information as may be prescribed.
(3)
In subsection (1), “relevant person” means a person—
(a)
who is or has been an officer of the company ;
(b)
who took part in the formation of the company during the period of one year ending with the date on which the company enters administration ;
(c)
employed by the company during that period ; and
(d)
who is or has, during the period of one year ending with the date on which the company enters administration, been an officer or employee of a company.
(4)
For the purpose of subsection (3), a reference to employment is a reference to employment through a contract of employment or a contract for services.
(5)
A person commits an offence if he fails, without reasonable excuse, to comply with a requirement of this section.