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Article 5.3 Proving a debt

Original text. Later amendments are not shown.

(1)

A creditor wishing to recover a debt must submit a proof to the education administrator unless this rule or an order of the court provides otherwise.

(2)

A creditor is deemed to have proved for the purposes of determination and payment of a dividend but not otherwise where—

(a)

the debt is a small debt;

(b)

a notice has been delivered to the creditor of notice of intention to declare a dividend or make a distribution under rule 5.26 which complies with rule 5.27 and 5.28; and

(c)

the creditor has not advised the education administrator that the debt is incorrect or not owed in response to the notice.