# The Carbon Dioxide Transport and Storage (Licensed Operators) Administration (England and Wales) Rules 2025, Rule 75: Notice of declaration of a dividend


(1) Where the T&S administrator declares a dividend, the T&S administrator must deliver notice to all creditors who have proved their debts.
(2) The notice must include the following relating to the T&S administration—
(a) the amounts raised from the sale of assets, indicating, so far as is practicable, amounts raised by the sale of particular assets;
(b) payments made by the T&S administrator when acting as such;
(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;
(d) provision (if any) made for unsettled claims, and funds (if any) retained for particular purposes;
(e) the total amount to be distributed and the rate of dividend;
(f) whether, and if so when, any further dividend is expected to be declared.

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Source: https://www.legislation.gov.uk/uksi/2025/1135/rule/75 (the official version)
Page: https://openlegislation.uk/carbon-dioxide-transport-and-storage-licensed-operators-administration-england-and-wales-rules-2025/rule-75
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.