Annex A

ANNEX A: ACCEPTABLE FORM OF WORDING FOR “BLANKET” AUTHORITY (Amended February 2012)

We hereby authorise [name of IP*] to act on our behalf in matters related to all insolvent estates of which we are creditors as follows: -

1. Pursuant to rules 4.75(1)(g) and 6.98(1)(g) of the Insolvency Rules 1986 to complete and authenticate form of proof of debt on our behalf;

2. Pursuant to rule 8.2(3) of the Insolvency Rules 1986 to complete and authenticate forms of proxy on our behalf:- 

    1. by way of special proxy for the appointment of [name of IP*] as office holder under the provisions of the Insolvency Act 1986, or
    2. by way of special proxy for the appointment of any licensed insolvency practitioner as office holder under the provisions of the Insolvency Act 1986.

3. To act as our agent and obtain lists of creditors pursuant to rule 12.17 of the Insolvency Rules 1986 (rule 12A.54 for post 6 April 2010 petition cases).

4. In the event that the official receiver decides to request that the Secretary of State appoint an insolvency practitioner, in all cases where we are the majority creditor, we wish [name of IP*] to be appointed office holder under the provisions of the Insolvency Act 1986.

Should [name of IP] decline to accept the appointment, on our behalf [name of IP] may agree to an appointment from the official receiver’s rota.

5. In the event that the official receiver decides to request that the Secretary of State appoint an Insolvency Practitioner and we are not the majority creditor, [Name of IP*] may on our behalf approve: 

    1. an appointment from the official receiver’s rota, or
    2. the appointment of an insolvency practitioner nominated by another creditor.

Any of the above might be deleted by the creditor and excluded from the authority.

The official receiver should accept an authority that refers to “an Insolvency Practitioner from [name of firm]”, rather than a specifically named Insolvency Practitioner, or in the case of proxy holders “an employee of [name of firm]”, rather than named individuals.