Rule 74 Declaration of dividend
The T&S administrator must proceed to declare the dividend of which the T&S administrator gave notice under rule 69 within the two-month period referred to in rule 69(2)(c), unless—
the dividend is postponed or cancelled in accordance with rule 73, or
paragraph (2) applies.
The T&S administrator must not declare a dividend so long as there is pending any application to the court to—
reverse or vary a decision of the T&S administrator on a proof,
exclude a proof, or
reduce the amount claimed.
The court may give permission for the T&S administrator to declare a dividend even where paragraph (2) applies.
Where the court gives permission under paragraph (3), the T&S administrator must make such provision in respect of the proof in question as the court directs.