# The Investment Bank Special Administration (England and Wales) Rules 2011, Rule 184: Disqualification from dividend

Extent: E+W

(1) If a creditor contravenes any provision of the Regulations or these Rules relating to the valuation of securities, the court may, on the application of the administrator, order that the creditor be wholly or partly disqualified from participation in any dividend.
(2) Notice of an application under paragraph (1) shall be given by the administrator to the FCA and the FCA shall have the right to appear and be heard at the hearing of the application.
(3) If the investment bank concerned is a PRA-authorised person, notice of an application under paragraph (1) shall also be given by the administrator to the PRA and the PRA shall have the right to appear and be heard at the hearing of the application.

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Source: https://www.legislation.gov.uk/uksi/2011/1301/rule/184 (the official version)
Page: https://openlegislation.uk/investment-bank-special-administration-england-and-wales-rules-2011/rule-184
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.