Section 13BC(1)

For the purposes of this Chapter, “the relevant documents” are— a notice that the directors wish to obtain a moratorium, a statement from a qualified person (“the proposed monitor”) that the person— is a qualified person, and consents to act as the monitor in relation to the proposed moratorium, a statement from the proposed monitor that the company is an eligible company, a statement from the directors that, in their view, the company is, or is likely to become, unable to pay its debts, and a statement from the proposed monitor that, in the proposed monitor’s view, it is likely that a moratorium for the company would result in the rescue of the company as a going concern.

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Source: legislation.gov.uk · retrieved 2026-09-04