# The Insolvency Rules 1986, Rule 2.81: Estimate of quantum


(1) The administrator shall estimate the value of any debt which, by reason of its being subject to any contingency or for any other reason, does not bear a certain value; and he may revise any estimate previously made, if he thinks fit by reference to any change of circumstances or to information becoming available to him. He shall inform the creditor as to his estimate and any revision of it.
(2) Where the value of a debt is estimated under this Rule, the amount provable in the administration in the case of that debt is that of the estimate for the time being.

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Source: https://www.legislation.gov.uk/uksi/1986/1925/rule/2.81 (the official version)
Page: https://openlegislation.uk/insolvency-rules-1986/rule-2.81
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

