# The Insolvency (Scotland) Rules 1986, Rule 4.3: Caution


The cost of providing the caution required by the provisional liquidator under the Act shall unless the court otherwise directs be -
(a) if a winding up order is not made, reimbursed to him out of the property of the company, and the court may make an order against the company accordingly, and
(b) if a winding up order is made, reimbursed to him as an expense of the liquidation.

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Source: https://www.legislation.gov.uk/uksi/1986/1915/rule/4.3 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-rules-1986/rule-4.3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.