{
  "url": "https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025/rule-75",
  "json_url": "https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025/rule-75.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/75",
  "kind": "rule",
  "number": "75",
  "heading": "Notice of declaration of a dividend",
  "text": "(1) Where the T&S administrator declares a dividend, the T&S administrator must deliver notice to all creditors who have proved their debts.\n(2) The notice must include the following relating to the T&S administration—\n(a) the amounts raised from the sale of assets, indicating, so far as is practicable, amounts raised by the sale of particular assets;\n(b) payments made by the T&S administrator when acting as such;\n(c) where the T&S administrator proposed to make a distribution to unsecured creditors, the value of the prescribed part, unless there is no prescribed part or the court has made an order under section 176A(5) of the 1986 Act;\n(d) provision (if any) made for unsettled claims, and funds (if any) retained for particular purposes;\n(e) the total amount to be distributed and the rate of dividend;\n(f) whether, and if so when, any further dividend is expected to be declared.",
  "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/75",
    "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."
}