Rule 175 Notice of proposed distributionI1

state whether the distribution is to preferential creditors or preferential creditors and unsecured creditors; and

where the administrator proposes to make a distribution to unsecured creditors, state the value of the prescribed part, except where the court has made an order under section 176A(5) of the 1986 Act.

all creditors whose addresses are known to the administrator;

the F1FCA and, where the investment bank concerned is a PRA-authorised person, the PRA;

in a special administration (bank administration), the FSCS; and

in a special administration (bank administration), before the Bank of England has given an Objective A Achievement Notice, the Bank of England.

shall be gazetted; and

may be advertised in such other manner as the administrator thinks fit.

state that it is the intention of the administrator to make a distribution to creditors within the period of 2 months from the last date for proving;

specify whether the proposed dividend is interim or final;

specify a date up to which proofs may be lodged being a date which—

the notice pursuant to paragraph (1) need only to be given to those creditors in whose case the administrator has reason to believe that their debts are preferential; and

the notice pursuant to paragraph (3) need only be given if the administrator thinks fit.