# The Housing Administration (England and Wales) Rules 2018, Article 5.26: Individual notices to creditors etc of intended dividend or distribution

Extent: E+W

(1) Where the housing administrator intends to make a distribution to creditors or declare a dividend, the housing administrator must deliver a notice of that intention to all the creditors in the housing administration.
(2) Where the intended dividend is only for preferential creditors, the housing administrator is only required to deliver such a notice to the preferential creditors.
(3) Where the housing administrator intends to declare a dividend to unsecured creditors, the notice must also state the value of the prescribed part or that the court has made an order under section 176A(5) of the Act.

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Source: https://www.legislation.gov.uk/uksi/2018/719/article/5.26 (the official version)
Page: https://openlegislation.uk/housing-administration-england-and-wales-rules-2018/article-5.26
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.