# The Energy Supply Company Administration Rules 2013, Article 63: Realisation of security by creditor


If a creditor who has valued the creditor's security subsequently realises it (whether or not at the instance of the energy administrator)—
(a) the net amount realised shall be substituted for the value previously put by the creditor on the security; and
(b) that amount shall be treated in all respects as an amended valuation made by the creditor.

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Source: https://www.legislation.gov.uk/uksi/2013/1046/article/63 (the official version)
Page: https://openlegislation.uk/energy-supply-company-administration-rules-2013/article-63
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.