# The Insolvency (Scotland) (Receivership and Winding up) Rules 2018, Article 7.34: Small debts


(1) A creditor is deemed to have submitted a claim for the purposes of adjudication of entitlement to and payment of a dividend but not otherwise where—
(a) the debt is a small debt;
(b) notice has been delivered to the creditor under rule 7.35; and
(c) the creditor has not advised the liquidator that the debt is incorrect or not owed in response to the notice.
(2) In this rule “small debt” means a debt (being the total amount owed to a creditor) which does not exceed £1,000 (which amount is prescribed for the purposes of paragraph 13A of schedule 8 of the Act and paragraph 18A of schedule 9 of the Act ).

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Source: https://www.legislation.gov.uk/ssi/2018/347/part/7/chapter/6/article/7n34 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-receivership-and-winding-up-rules-2018/part-7/chapter-6/article-7n34
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.