(1) An application for a declaration under section 819(1) may be made by -

(a) the Authority,

(b) the liquidator of the insolvent company, or

(c) a receiver of the property of the company.

(2) The court may order that the person who is the subject of the declaration shall pay -

(a) the costs of the application, and

(b) the whole (or so much of them as the court specifies) of the costs and expenses incurred by the applicant -

(i) in investigating the matters that are the subject of the application, and

(ii) in so far as they do not fall within paragraph (a), in collecting evidence in respect of those matters,

including so much of the remuneration and expenses of the applicant as are attributable to such investigation and collection.