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Rule 38 Application of Part and general

Original text. Later amendments are not shown.

(1)

This Part applies where the energy administrator makes, or proposes to make, a distribution to creditors or any class of them.

(2)

Where the distribution is to a particular class of creditors, references in this Part (except in rule 41(5)(c)) to creditors shall, in so far as the context requires, be a reference to that class of creditors only.

(3)

This Part and Part 5 apply with regard to a dividend out of the assets of the protected energy company in energy administration.