# The Postal Administration (Scotland) Rules 2016, Article 31: Hire-purchase, conditional sale and hiring agreements

Extent: S

(1) Subject as follows, an owner of goods under a hire-purchase agreement or under an agreement for the hire of goods for more than 3 months, or a seller of goods under a conditional sale agreement, is entitled to vote in respect of the amount of the debt due and payable to the owner by the company on the date that the company entered postal administration.
(2) In calculating the amount of any debt for this purpose, no account shall be taken of any amount attributable to the exercise of any right under the relevant agreement, so far as the right has become exercisable solely by virtue of the making of a postal administration application or any matter arising as a consequence, or of the company entering postal administration.

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Source: https://www.legislation.gov.uk/uksi/2016/900/article/31 (the official version)
Page: https://openlegislation.uk/postal-administration-scotland-rules-2016/article-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.