# The Education Administration Rules 2018, Article 5.29: Gazette notice of intended first dividend or distribution


(1) Subject to paragraphs (2) and (4) where the education administrator intends to declare a first dividend or distribution, the education administrator must gazette a notice containing—
(a) a statement that the education administrator intends to declare a first dividend or distribution;
(b) the date by which and place to which proofs must be delivered.
(2) Where the intended dividend is only to preferential creditors, the education administrator need only gazette a notice if the education administrator thinks fit.
(3) The education administrator may in addition advertise such a notice in such other manner (if any) as the education administrator thinks fit.
(4) Paragraph (1) does not apply where the education administrator has previously, by a notice which has been gazetted, invited creditors to prove their debts.

---
Source: https://www.legislation.gov.uk/uksi/2018/1135/article/5.29 (the official version)
Page: https://openlegislation.uk/education-administration-rules-2018/article-5.29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.