Rule 53 Estimate of value of debt
(1)
The T&S administrator must estimate the value of any debt which, by reason of its being subject to any contingency or for any other reason, does not have a certain value.
(2)
The T&S administrator may revise any estimate previously made under paragraph (1), if the T&S administrator thinks fit by reference to any change of circumstances or to information becoming available.
(3)
The T&S administrator must inform the creditor as to the estimate under paragraph (1) and any revision of it under paragraph (2).
(4)
Where the value of a debt is estimated under this rule, the amount provable in the T&S administration in the case of that debt is that of the estimate for the time being.