# The Insolvency (Scotland) (Receivership and Winding up) Rules 2018, Article 7.20: Entitlement to draw a dividend


(1) A creditor who has had that creditor's claim accepted in whole or in part by the liquidator under rule 7.19(1) or on appeal under rule 7.19(5) is entitled to payment out of the company's assets of a dividend in respect of the accounting period for the purposes of which the claim is accepted.
(2) Such entitlement to payment arises only in so far as the company has funds available to make that payment, having regard to rule 7.27 (order of priority in distribution).

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Source: https://www.legislation.gov.uk/ssi/2018/347/part/7/chapter/4/article/7n20 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-receivership-and-winding-up-rules-2018/part-7/chapter-4/article-7n20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

