(1) There may be prepared, with a view to its being exhibited to the witness statement in support of the application, a report by an independent person to the effect that the appointment of an Administrator for the Company is expedient.

(2) The report may be by the person proposed as Administrator, or by any other person having adequate knowledge of the Company's affairs, not being a director, secretary, manager, member, or employee of the Company.

(3) The report shall specify the purposes which, in the opinion of the person preparing it, may be achieved for the Company by the making of an Adminstration Order, being purposes particularly specified in Article 7.