# The Education Administration Rules 2018, Article 5.2: Provable debts


(1) All claims by creditors, except as provided in this rule, are provable as debts against the further education body, whether they are present or future, certain or contingent, ascertained or sounding only in damages.
(2) An obligation arising under a confiscation order made under Parts 2, 3 or 4 of the Proceeds of Crime Act 2002 is not provable.
(3) The following claims are not provable until after all other claims of creditors have been paid in full with interest under rule 5.23—
(a) a claim arising by virtue of section 382(1)(a) of the Financial Services and Markets Act 2000, unless it is also a claim arising by virtue of sub-paragraph (b) of that section (a person who has suffered loss etc.); and
(b) a claim which by virtue of the Act or any other enactment is a claim the payment of which is to be postponed.
(4) Nothing in this rule prejudices any enactment or rules of law under which a particular kind of debt is not provable, whether on grounds of public policy or otherwise.

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Source: https://www.legislation.gov.uk/uksi/2018/1135/article/5.2 (the official version)
Page: https://openlegislation.uk/education-administration-rules-2018/article-5.2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.