OpenLegislation

Rule 73 Postponement or cancellation of dividend

Original text. Later amendments are not shown.

(1)

If paragraph (2) applies, the nuclear administrator may postpone or cancel a dividend.

(2)

This paragraph applies if, in the two-month period referred to in rule 69(2)(c) an application is made to the court for the nuclear administrator’s decision on a proof to be reversed or varied, or for a proof to be excluded, or for a reduction of the amount claimed.

(3)

Where the dividend is postponed or cancelled a new notice under rule 69 will be required if the dividend is paid subsequently.