# The Insolvency (Scotland) (Receivership and Winding up) Rules 2018, Article 8.32: Calculation of voting rights: winding up of authorised deposit-taker


Any voting rights which a creditor might otherwise exercise in respect of a claim in a creditors' voluntary winding up or a winding up by the court of an authorised deposit-taker are reduced by a sum equal to the amount of that claim in relation to which the scheme manager, by virtue of its having delivered a statement under rule 8.29, is entitled to exercise voting rights.

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Source: https://www.legislation.gov.uk/ssi/2018/347/part/8/chapter/8/article/8n32 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-receivership-and-winding-up-rules-2018/part-8/chapter-8/article-8n32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.