Rule 103 Admission and rejection of relevant funds claimI1

Scotland

(1)

The administrator may admit or reject a relevant funds claim in whole or in part.

(2)

If the administrator rejects a relevant funds claim in whole or in part, the administrator must prepare a written statement of reasons for doing so, and deliver it as soon as is reasonably practicable to the claimant.

(3)

The administrator must include the following information in the sederunt book—

(a)

details of a decision of the administrator to accept a relevant funds claim (whether in whole or in part) under paragraph (1) including the amount of the claim accepted,

(b)

details of the administrator’s reasons for rejecting a relevant funds claim (whether in whole or in part) under paragraph (2),

(c)

any decision of the court on an appeal under rule 104,

(d)

any decision of the court on an application made under rule 106.

Annotations

Commencement

I1: Rule 103 in force at 19.12.2022, see rule 2