# The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021, Article 124: Admission and rejection of proofs for dividend

Extent: E+W

(1) The administrator may admit or reject a proof in whole or in part.
(2) If the administrator rejects a proof in whole or in part, the administrator must prepare a written statement of reasons for doing so, and send it as soon as is reasonably practicable to the creditor.

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Source: https://www.legislation.gov.uk/uksi/2021/1178/article/124 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-england-and-wales-rules-2021/article-124
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.