# The Water Industry (Special Administration) (England and Wales) Rules 2024, Rule 87: Provable debts (rule 14.2)


Rule 14.2 has effect as if—
(a) in paragraph (1), “or bankrupt” were omitted;
(b) for paragraph (2) there were substituted—
“(2) An obligation arising under a confiscation order made under Part 2, 3 or 4 of the Proceeds of Crime Act 2002 is not provable.”;
(c) paragraph (3) were omitted;
(d) in paragraph (4)—
(i) in the words before sub-paragraph (a), “sections 189(2) (winding up), section 328(4) (bankruptcy) and” were omitted;
(ii) in sub-paragraph (b), “and winding up,”, “a bankruptcy,” and “or a winding up” were omitted.

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Source: https://www.legislation.gov.uk/uksi/2024/229/rule/87 (the official version)
Page: https://openlegislation.uk/water-industry-special-administration-england-and-wales-rules-2024/rule-87
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.