# The Carbon Dioxide Transport and Storage (Licensed Operators) Administration (England and Wales) Rules 2025, Rule 49: Admission and rejection of proofs for dividend


(1) The T&S administrator may admit or reject a proof for dividend, in whole or in part.
(2) If the T&S administrator rejects a proof in whole or in part, the T&S administrator must deliver to the creditor a statement of the T&S administrator’s reasons for doing so, as soon as reasonably practicable.

---
Source: https://www.legislation.gov.uk/uksi/2025/1135/rule/49 (the official version)
Page: https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025/rule-49
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.