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The Carbon Dioxide Transport and Storage (Licensed Operators) Administration (England and Wales) Rules 2025

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Change 1

What to do with it
As published

22 Statement of pre-T&S administration costs

A statement of pre-T&S administration costs (the “costs”) under rule 21(2)(k) must include the following— (a) details of any agreement under which the fees were charged and expenses incurred, including the parties to the agreement and the date on which the agreement was made; (b) details of the work done for which the fees were charged and expenses incurred; (c) an explanation of why the work was done before the T&S company entered T&S administration and how it had been intended to further the achievement of the objective of the T&S administration; (d) a statement of the amount of the costs, setting out separately— (i) the fees charged by the T&S administrator; (ii) the expenses incurred by the T&S administrator; (iii) the fees charged, to the T&S administrator’s knowledge, by any other person qualified to act as an insolvency practitioner (and, if more than one, by each separately); (iv) the expenses incurred, to the T&S administrator’s knowledge, by any other person qualified to act as an insolvency practitioner (and, if more than one, by each separately); (e) a statement of the costs which have already been paid, set out separately as under paragraph (d)(i) to (iv); (f) the identity of the person who made the payment or, if more than one person made the payment, the identity of each such person and of the amounts paid by each such person, set out separately as under paragraph (d)(i) to (iv); (g) a statement of the amounts of the costs which have not been paid, set out separately as under paragraph (d)(i) to (iv); (h) a statement that the payment of unpaid costs as an expense of the T&S administration is subject to approval under rule 43.

Your change, as a redline

22 Statement of pre-T&S administration costs

A statement of pre-T&S administration costs (the “costs”) under rule 21(2)(k) must include the following— (a) details of any agreement under which the fees were charged and expenses incurred, including the parties to the agreement and the date on which the agreement was made; (b) details of the work done for which the fees were charged and expenses incurred; (c) an explanation of why the work was done before the T&S company entered T&S administration and how it had been intended to further the achievement of the objective of the T&S administration; (d) a statement of the amount of the costs, setting out separately— (i) the fees charged by the T&S administrator; (ii) the expenses incurred by the T&S administrator; (iii) the fees charged, to the T&S administrator’s knowledge, by any other person qualified to act as an insolvency practitioner (and, if more than one, by each separately); (iv) the expenses incurred, to the T&S administrator’s knowledge, by any other person qualified to act as an insolvency practitioner (and, if more than one, by each separately); (e) a statement of the costs which have already been paid, set out separately as under paragraph (d)(i) to (iv); (f) the identity of the person who made the payment or, if more than one person made the payment, the identity of each such person and of the amounts paid by each such person, set out separately as under paragraph (d)(i) to (iv); (g) a statement of the amounts of the costs which have not been paid, set out separately as under paragraph (d)(i) to (iv); (h) a statement that the payment of unpaid costs as an expense of the T&S administration is subject to approval under rule 43.

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