Article 7.48 Delivery to the creditors and opting out
Where the Act or a rule requires an education administrator to deliver a document to the creditors, or the creditors in a class, the requirement is satisfied by the delivery of the document to all such creditors of whose address the education administrator is aware other than opted-out creditors (where the opt out applies).
Where a creditor has opted out from receiving documents, the opt out does not apply to—
a notice which the Act requires to be delivered to all creditors without expressly excluding opted-out creditors;
a notice of a change in the education administrator or the contact details for the education administrator;
a notice as provided for by section 246C(2) of the Act; or
a document which these Rules require to accompany a notice within sub-paragraphs (a) to (c).
The education administrator must begin to treat a creditor as an opted-out creditor as soon as reasonably practicable after delivery of the creditor’s election to opt out.