709. Application for permission to act as director etc.

An application by a bankrupt1 for permission to act as director of, or to take part or be concerned in the promotion, formation or management of, a company2, must be supported by a witness statement3 complying with the following provisions4.

The witness statement must identify the company and specify:


    (1)     the nature of its business or intended business, and the place or places where that business is, or is to be, carried on;


    (2)     whether it is, or in the case of a company which has not yet been incorporated is to be, a private or a public company;