# The Railway Administration Order Rules 2001, Article 4.5: Secured creditors


At a meeting of creditors, a secured creditor is entitled to vote only in respect of the balance (if any) of his debt after deducting the value of his security as estimated by him.

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Source: https://www.legislation.gov.uk/uksi/2001/3352/article/4.5 (the official version)
Page: https://openlegislation.uk/railway-administration-order-rules-2001/article-4.5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.