{
  "url": "https://openlegislation.uk/insolvency-rules-1986/schedule-1/paragraph-5",
  "json_url": "https://openlegislation.uk/insolvency-rules-1986/schedule-1/paragraph-5.json",
  "legislation": "uksi/1986/1925",
  "legislation_title": "The Insolvency Rules 1986",
  "legislation_url": "https://openlegislation.uk/insolvency-rules-1986",
  "path": "schedule/1/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": null,
  "text": "Any voting rights which a creditor might otherwise exercise at a meeting in respect of a claim against the company are reduced by a sum equal to the amount of that claim in relation to which the scheme manager, by virtue of its having submitted a statement, is entitled to exercise voting rights at that meeting.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 1 substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 378(3)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 para. 5 in force at 29.12.1986, see rule 0.1"
    }
  ],
  "outstanding_effects": [
    {
      "type": "applied (with modifications)",
      "affecting": "uksi/2009/356",
      "affecting_title": "The Bank Insolvency (England and Wales) Rules 2009"
    },
    {
      "type": "applied (with modifications)",
      "affecting": "uksi/2010/2581",
      "affecting_title": "The Building Society Insolvency (England and Wales) Rules 2010"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1986/1925/schedule/1/paragraph/5",
    "retrieved_at": "2026-10-29T16:38:55.219722+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}