# The Insolvency Rules 1986, Paragraph 5

Extent: E+W

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.

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Source: https://www.legislation.gov.uk/uksi/1986/1925/schedule/1/paragraph/5 (the official version)
Page: https://openlegislation.uk/insolvency-rules-1986/schedule-1/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.