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Article 65 Declaration of dividendI1

England and Wales

(1)

Subject to paragraph (2), within the 2 month period referred to in Rule 63(4)(a) the energy administrator shall proceed to declare the dividend to one or more classes of creditor of which he gave notice.

(2)

Except with the permission of the court, the energy administrator shall not declare a dividend so long as there is pending any application to the court to reverse or vary a decision of his on a proof, or to expunge a proof or to reduce the amount claimed.

Annotations

Commencement

I1

Rule 65 in force at 1.10.2005, see rule 1