# The Insolvency (Scotland) (Receivership and Winding up) Rules 2018, Article 8.34: Requisite majorities


A decision is made by creditors when a majority (in value) of those voting have voted in favour of the proposed decision.

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Source: https://www.legislation.gov.uk/ssi/2018/347/part/8/chapter/8/article/8n34 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-receivership-and-winding-up-rules-2018/part-8/chapter-8/article-8n34
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.