# The Insolvency (England and Wales) Rules 2016, Rule 14.28: Gazette notice of intended first dividend or distribution


(1) Subject to paragraphs (2) and (4) where the office-holder intends to declare a first dividend or distribution the office-holder must gazette a notice containing—
(a) a statement that the office-holder intends to declare a first dividend or distribution;
(b) the date by which and place to which proofs must be delivered; and
(c) in the case of a members' voluntary winding up, where the dividend or distribution is to be a sole or final distribution, a statement that the distribution may be made without regard to the claim of any person in respect of a debt not proved.
(2) Where the intended dividend is only to preferential creditors or creditors in respect of a debt which is a moratorium debt or priority pre-moratorium debt within the meaning given by section 174A the office-holder need only gazette a notice if the office-holder thinks fit.
(3) The office-holder may in addition advertise such a notice in such other manner (if any) as the office-holder thinks fit.
(4) Paragraph (1) does not apply where the office-holder has previously, by a notice which has been gazetted, invited creditors to prove their debts.

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Source: https://www.legislation.gov.uk/uksi/2016/1024/rule/14.28 (the official version)
Page: https://openlegislation.uk/insolvency-england-and-wales-rules-2016/rule-14.28
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.