# The Insolvency Rules 1986, Rule 11.7: Notice of no, or no further, dividend

Extent: E+W

If the responsible insolvency practitioner gives notice to creditors that he is unable to declare any dividend or (as the case may be) any further dividend, the notice shall contain a statement to the effect either—
(a) that no funds have been realised, or
(b) that the funds realised have already been distributed or used or allocated for defraying the expenses of administration.

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Source: https://www.legislation.gov.uk/uksi/1986/1925/rule/11.7 (the official version)
Page: https://openlegislation.uk/insolvency-rules-1986/rule-11.7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.