Form and contents of statutory demand
64.—(1)  A statutory demand —
(a)must be in Form PIR-2;
(b)must state the actual amount of the debt that has accrued as at the date of the statutory demand;
(c)if the amount claimed in the statutory demand includes interest, penalties, charges or any pecuniary consideration in lieu of interest, must separately identify the actual amount that has accrued as at the date of the statutory demand and the rate at which and the period for which it was calculated;
(d)must state the consideration for the debt or, if there is no consideration, the way in which the debt arises and —
(i)if the debt is founded on a judgment or an order of a court — details of the judgment or order, including the action under which the judgment or order was obtained and the date of the judgment or order; and
(ii)if the debt is founded on grounds other than a judgment or an order of a court — such details as would enable the debtor to identify the debt;
(e)if the creditor making the statutory demand holds any property of the debtor or any security for the debt, must specify —
(i)the full amount of the debt; and
(ii)the nature and value of the property or the security; and
(f)must be dated and signed by the creditor making the statutory demand or a person authorised to make the statutory demand on the creditor’s behalf.
(2)  If the creditor making the statutory demand holds any property of the debtor or any security for the debt, the amount of the debt of which payment is claimed is the full amount of the debt less the amount specified in the statutory demand as the value of the property or security.