# The Carbon Dioxide Transport and Storage (Licensed Operators) Administration (England and Wales) Rules 2025, Rule 65: Realisation of security by creditor


If a creditor who has valued the creditor’s security subsequently realises it, whether or not at the instance of the T&S administrator—
(a) the net amount realised must be treated in all respects, including in relation to any valuation in a proof, as an amended valuation made by the creditor, and
(b) the creditor may prove for the balance of the creditor’s debt.

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Source: https://www.legislation.gov.uk/uksi/2025/1135/rule/65 (the official version)
Page: https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025/rule-65
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.