Document ID: chunk:federal_register_of_legislation:C2007A00132:clause:1_28:p2
Version: federal_register_of_legislation:C2007A00132
Segment Type: clause
Provision Reference: sch 1 cl 28 (pt 2/2)
Character Range: 34885–35951

enable the committee of inspection to make an informed assessment as to whether the proposed remuneration is reasonable; and
 (ii) a summary description of the major tasks performed, or likely to be performed, by the administrator; and
 (iii) the costs associated with each of those major tasks; and
 (b) give a copy of the report to each member of the committee of inspection at the same time as the member is notified of the relevant meeting of the committee.

 (7) Before remuneration is determined under paragraph (1)(b) or (1A)(b), the administrator must:
 (a) prepare a report setting out:
 (i) such matters as will enable the company's creditors to make an informed assessment as to whether the proposed remuneration is reasonable; and
 (ii) a summary description of the major tasks performed, or likely to be performed, by the administrator; and
 (iii) the costs associated with each of those major tasks; and
 (b) give a copy of the report to each of the company's creditors at the same time as the creditor is notified of the relevant meeting of creditors.