(1) This section applies where a director of an eligible company submits a statement and a statutory declaration to a process adviser under section 558B(4).
(2) The process adviser shall determine whether there is a reasonable prospect of the survival of the eligible company, and the whole or any part of its undertaking, as a going concern.
(3) In making a determination under subsection (2), the process adviser shall have regard to -
(a) the statement, and
(b) such of the matters specified in subsection (4) as appear to the process adviser to be relevant in the circumstances.
(4) The matters referred to in subsection (3) are -
(a) the nature of, and prospects for, the business of the eligible company,
(b) the availability of funding for, and investment in, the eligible company in the future, including expressions of interest by external funders,
(c) the cost structure of the eligible company, including any cost reductions already achieved or that may be achieved,
(d) whether projection
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