# The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021, Article 131: Discounts

Extent: E+W

All trade and other discounts, except any discount for immediate, early or cash settlement, which would have been available to the institution but for it going into special administration, must in every case be deducted from the claim.

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Source: https://www.legislation.gov.uk/uksi/2021/1178/article/131 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-england-and-wales-rules-2021/article-131
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.