{
  "url": "https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025/rule-53",
  "json_url": "https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025/rule-53.json",
  "legislation": "uksi/2025/1135",
  "legislation_title": "The Carbon Dioxide Transport and Storage (Licensed Operators) Administration (England and Wales) Rules 2025",
  "legislation_url": "https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025",
  "path": "rule/53",
  "kind": "rule",
  "number": "53",
  "heading": "Estimate of value of debt",
  "text": "(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.\n(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.\n(3) The T&S administrator must inform the creditor as to the estimate under paragraph (1) and any revision of it under paragraph (2).\n(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.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2025/1135/rule/53",
    "retrieved_at": "2026-10-28T21:10:19.201595+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}