# The Housing Administration (England and Wales) Rules 2018, Article 5.34: Notice of no dividend, or no further dividend

Extent: E+W

(1) This rule applies where the housing administrator is unable to declare any dividend or (as the case may be) any further dividend.
(2) In such a case, the housing administrator must deliver a notice, containing a statement to the effect that either—
(a) no funds have been realised; or
(b) the funds realised have already been distributed or used or allocated for paying the expenses of the housing administration.
(3) The information required by paragraph (2) may be contained in a progress report.

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Source: https://www.legislation.gov.uk/uksi/2018/719/article/5.34 (the official version)
Page: https://openlegislation.uk/housing-administration-england-and-wales-rules-2018/article-5.34
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.