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Rule 61 Value of security

Original text. Later amendments are not shown.

(1)

A secured creditor may, with the agreement of the nuclear administrator or the permission of the court, at any time alter the value which the secured creditor’s proof puts upon the secured creditor’s security.

(2)

Where the secured creditor has voted in respect of the unsecured balance of the secured creditor’s debt and where revaluation is with the agreement of the nuclear administrator, the nuclear administrator must deliver a notice of the revaluation to the creditors within five business days after the office-holder’s agreement.