# The Carbon Dioxide Transport and Storage (Licensed Operators) Administration (England and Wales) Rules 2025, Rule 73: Postponement or cancellation of dividend


(1) If paragraph (2) applies, the T&S administrator may postpone or cancel a dividend.
(2) This paragraph applies if, in the two-month period referred to in rule 69(2)(c) an application is made to the court for the T&S administrator’s decision on a proof to be reversed or varied, or for a proof to be excluded, or for a reduction of the amount claimed.
(3) Where the dividend is postponed or cancelled a new notice under rule 69 will be required if the dividend is paid subsequently.

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Source: https://www.legislation.gov.uk/uksi/2025/1135/rule/73 (the official version)
Page: https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025/rule-73
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.