Division 2 — Statement of affairs
Preparation of statement of affairs
27.—(1)  For the purposes of section 141(1) of the Act —
(a)the statement of affairs must be verified by affidavit; and
(b)the statement of affairs and the affidavit verifying the statement of affairs must be in accordance with Form CWU‑7.
(2)  The statement of affairs may be submitted by electronic means to the Official Receiver or the liquidator, as the case may be.
(3)  The liquidator may from time to time direct a person mentioned in section 141(2)(a) and (b) of the Act to attend on the liquidator, at a time and place that the liquidator may appoint, for the purpose of investigating the company’s affairs, and the person must —
(a)comply with any direction of the liquidator; and
(b)give all information within the person’s knowledge as the liquidator may require.
Extension of time for submission of statement of affairs under section 141(3) of Act
28.—(1)  The Official Receiver or the liquidator or the Court for special reasons may, upon the application of a person mentioned in section 141(2) of the Act, approve in writing or make an order granting (as the case may be) an extension of time for the person to submit a statement of affairs.
(2)  Where an extension of time is granted by the Official Receiver or the liquidator under paragraph (1), the applicant —
(a)must file a copy of the approval in writing with the Court; and
(b)is not required to apply to the Court for an extension of time to submit the statement of affairs.
Preparation of statement of concurrence
29.  For the purposes of section 142(1) of the Act, the statement of concurrence and the affidavit verifying the statement of concurrence must be in accordance with Form CWU‑8.
Information subsequent to statement of affairs, etc.
30.  A person that has submitted a statement of affairs or statement of concurrence to the liquidator must, if and when required by the liquidator, attend on the liquidator and answer any question and give all further information as may be required by the liquidator in relation to the statement of affairs or statement of concurrence.
Costs and expenses of preparing statement of affairs, etc.
31.—(1)  A person who is required to make a statement of affairs or statement of concurrence must, before incurring any costs or expenses in the preparation and making of the statement —
(a)apply to the liquidator for his or her sanction of the estimated costs and expenses; and
(b)submit a statement of the estimated costs and expenses.
(2)  Unless the Court orders otherwise, a person is not allowed, out of the assets of the company, any costs or expenses incurred by the person in making the statement of affairs or statement of concurrence, if the person did not obtain prior sanction of the costs and expenses.